PYMNTS.com February 12, 2025
This week’s AI Action Summit, which brought together world leaders and business titans to France, has a singular message: The global focus will be on supporting artificial intelligence (AI) growth and innovation, which may boost the economy and drive business expansion across industries.
The sentiment is strikingly different from the themes of the last two of the annual summits. These were focused on putting guardrails on AI, with the first one hosted by the U.K. and aptly called “The AI Safety Summit 2023.”
This year, the EU and France have taken a different approach. They have pledged €200 billion ($207 billion) and €109 billion ($112 billion) toward AI, respectively. French President Emmanuel Macron also called for less red tape and...
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