InvestAI: EU Launches 200B Initiative for AI Research and [...]


InvestAI: EU Launches 200B Initiative for AI Research and Infrastructure


InvestAI: EU Launches €200B Initiative for AI Research and Infrastructure

📅 - The European Union has launched InvestAI, a major initiative aimed at securing 200 billion for artificial intelligence investments. This ambitious plan includes a dedicated 20 billion fund for AI gigafactories, a key component in developing large-scale AI infrastructure. The initiative was announced at the Artificial Intelligence (AI) Action Summit in Paris, underscoring Europe's commitment to becoming a global leader in AI innovation and development.

InvestAI is designed to support the open and collaborative creation of advanced AI models, enabling businesses and research institutions of all sizes to leverage cutting-edge AI technology. The EU aims to establish AI gigafactories that will [...][... Check source for end of article ...]
Tags: AI

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