EU says AI race 'far from over'

EU says AI race 'far from over' as bloc pledges 50-billion-euro investment boost
Speaking at the AI Action Summit in Paris, European Commission President Ursula von der Leyen said the initiative would be called InvestAI.
EU's AI push to get 50 billion euro boost, says von der Leyen
The European Union will provide 50 billion euros ($51.6 billion) of EU funds to bolster the bloc's artificial intelligence ambitions, European Commission President Ursula von der Leyen said on Tuesday,
EU to invest 200 billion euros in AI, but it might not be enough
The InvestAI initiative will provide €200 million for AI development in EU countries, but the regulatory environment is a challenge.
France unveils 109-billion-euro AI investment as Europe looks to keep up with U.S.
Macron announced the mammoth investment sum ahead of France’s AI Action Summit, where world leaders and tech bosses are gathering in Paris this week.
EU chief Ursula von der Leyen unveils €200 bn boost for AI at Paris summit
EU chief Ursula von der Leyen Tuesday announced a push to channel €200 billion euros in public and private investments into Europe's nascent artificial intelligence (AI) industry. This comes as world leaders and experts wrap up a two-day summit in Paris.
Von der Leyen pledges billions for AI development
European Commission President Ursula von der Leyen has pledged billions to support the artificial intelligence (AI) sector in Europe. AI will improve healthcare, drive research and innovation and increase competitiveness,
JD Vance rails against ‘excessive regulation’ of AI at Paris summit in rebuke to European efforts
U.S. Vice President JD Vance on Tuesday warned global leaders and tech industry executives that “excessive regulation” could ...
Vance goes to bat for Musk in AI speech to European countries
Google abandons its pledge not to use AI to develop weapons, Wikipedia’s owners are prepping for MAGA-fueled attacks, and ...
Vance warns against 'tightening the screws' on AI in rebuff of Europe
The United States of America is the leader in AI, and our administration plans to keep it that way,” Vance told an ...
European AI startups raised $8B in 2024
France will host the Artificial Intelligence Action Summit, with heads of state flocking to Paris to meet global tech leaders ...
JD Vance warns ‘massive’ European regulation may kill AI, rips ‘authoritarian censorship’
Vance told Europeans that their strict regulations on artificial intelligence could strangle the technology, and called content moderation as “authoritarian censorship.” ...
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European AI alliance unveils LLM alternative to Silicon Valley and DeepSeek
As China’s DeepSeek threatens to dismantle Silicon Valley’s AI monopoly, the OpenEuroLLM has launched an alternative to ...
Vance tells Europeans that heavy regulation could kill AI
U.S. Vice President JD Vance told Europeans on Tuesday their "massive" regulations on artificial intelligence could strangle ...
European AI firms encouraged by DeepSeek in scramble to catch up to US
The Chinese startup has shown that winning the AI arms race is about more than vast sums of money, industry experts said.
EU mobilizes $200 billion in AI race against US and China
‘We want Europe to be one of the leading AI continents.’ ...