EU launches InvestAI initiative to mobilise €200 billion of investment in artificial intelligence
Dear all,
Today, at the Artificial Intelligence (AI) Action Summit in Paris, Commission President Ursula von der Leyen has launched InvestAI, an initiative to mobilise €200 billion for investment in AI, including a new European fund of €20 billion for AI gigafactories.
This large AI infrastructure is needed to allow open, collaborative development of the most complex AI models and to make Europe an AI continent.
EU launches InvestAI initiative to mobilise €200 billion of investment in artificial intelligence
https://ec.europa.eu/commission/presscorner/detail/en/ip_25_467
https://ec.europa.eu/commission/presscorner/detail/en/SPEECH_25_471
AI Investment Surge: A Global Phenomenon
We are witnessing an unprecedented era in technological advancement — the AI Age. Recent developments highlight the global race to dominate artificial intelligence:
1. United States: Former President Donald Trump announced a staggering $500 billion investment in AI.
2. European Union: The EU has launched the InvestAI initiative, aiming to mobilize €200 billion for artificial intelligence development.
These monumental investments underscore the critical importance of AI in shaping our future. For professionals in the Big Data and AI sectors, this represents an era of unparalleled opportunity and innovation.
The scale of these investments reflects the transformative potential of AI across industries, from healthcare and finance to transportation and energy. As we stand at the cusp of this AI revolution, it’s clear that the technology will play a pivotal role in driving economic growth, scientific breakthroughs, and societal progress.
For those of us working in Big Data and AI, these are indeed extraordinary times. The influx of resources promises to accelerate research, development, and implementation of AI technologies, potentially leading to groundbreaking advancements that could reshape our world.
AI is the future!
