The European Commission is raising $20 billion to construct four "AI gigafactories" as part of Europe's strategy to catch up ...
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"Thereby we aim to mobilise a total of 200 billion euros for AI investments in Europe," von der Leyen told the Paris AI Summit. The EU funding is significantly less, however, than the up to $500 ...
stressing that the race for AI leadership had not yet been won by China or the U.S. The sum includes previously-announced 150-billion-euro funding from investors and industry, which Von der Leyen ...