The European Union (EU) is making a bold move into the future of technology with its newly launched InvestAI initiative. Announced by European Commission President Ursula von der Leyen at the AI Action Summit, this ambitious plan aims to mobilize a whopping 200 billion euros ($206.5 billion) to fuel the bloc's artificial intelligence investment. 🚀🤖
\"We want AI to be a force for good and for growth,\" von der Leyen stated. \"We are doing this through our own European approach — based on openness, cooperation and excellent talent. But our approach still needs to be supercharged.\" 💡
One of the cornerstone components of InvestAI is a 20-billion-euro fund dedicated to establishing European AI gigafactories. These state-of-the-art facilities are designed to train large-scale, complex AI models and will house approximately 100,000 next-generation AI chips—a fourfold increase from the current capacity. 🏭💻
Last December, the European Commission revealed the first seven AI factories, with plans to unveil five more in the near future. Additionally, the Commission is set to establish a European AI Research Council to consolidate resources and support advancements in AI and other cutting-edge technologies. 🧠🔬
Looking ahead, the EU will also launch the \"Apply AI\" initiative later this year, aiming to accelerate the adoption of artificial intelligence across key sectors, ensuring that Europe remains at the forefront of technological innovation. 🌐✨
Reference(s):
cgtn.com
