CNBC July 18, 2023
Key Points
– French President Emmanuel Macron and British Prime Minister Rishi Sunak have made bold statements about artificial intelligence.
– At VivaTech in Paris, Macron announced 500 million euros ($560.1) in new funding to create new AI “champions.”
– While the U.K. government previously pledged £1 billion ($1.3 billion) to supercomputing and AI research.
– Who will be victorious in the race to win in AI will depend on a number of factors.
LONDON — Two countries are jockeying for position as Europe’s capital for artificial intelligence.
Both French President Emmanuel Macron and British Prime Minister Rishi Sunak have made bold statements about AI in recent weeks, as each tries to claim a stake in the highly hyped market.
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