The EU says the AI race is not over as the bloc has pledged to invest 5 billion euros
Ursula von der Leyen (CDU, R), president of the European Commission, stands in the meeting room of the European Parliament.
Philipp von ditfurth | Photo Alliance | Getty Images
European Commission President Ursula von der Leyen said on Tuesday that the EU will mobilize a total of 200 billion euros ($206.5 billion) for AI leadership competition will be in place in China or the US. He emphasized that he has not won yet.
The total includes previously announced 15 billion euros of funds from investors and the industry, with vondel Reyen saying the bloc will rise another 50 billion euros.
Speaking at the AI Action Summit in Paris, von der Reyen was the world’s largest public-private partnership for the development of trustworthy AI, with industrial and mission-critical applications and the “power conditions for Gigafactory” in Europe. He said he is focusing on.
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