Silicon Republic February 11, 2025
The EU’s investment comes a day after France announced a €109bn investment into AI.
“Action”, “investments” and “opportunities” were some of the key takeaways from the third global artificial intelligence (AI) summit which concluded in Paris this afternoon (11 February).
Concluding the two-day summit held at the Grand Palais, European Commission president Ursula von der Leyen announced an additional €50bn in investments, on top of the €150bn already mobilised yesterday (10 February) – taking the total investment pledged towards AI arising from event to €200bn.
€10bn of the EU’s investment is earmarked for AI factories, of which 12 were already set up in “just a few months,” von der Leyen said.
“This is not a promise – it is happening...
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