2025-02-12 14:46:55.AIbase.15.3k
Massive Investment! The EU Announces a €200 Billion AI Development Plan, Comprehensive Layout of Supercomputing and AI Manufacturing
Against the backdrop of increasing global competition in AI, the EU has officially announced an unprecedented artificial intelligence investment plan. Today at the AI Action Summit in Paris, European Commission President Ursula von der Leyen formally unveiled a grand initiative called 'Invest AI', showcasing the EU's strong determination in global AI competition. This investment plan, with a total scale of €200 billion, notably includes a dedicated €20 billion European Fund for the construction of AI gigafactories. This decision marks the EU's official entry into large-scale AI development.