Ursula von der Leyen (CDU, r), President of the European Fee, stands within the plenary chamber of the European Parliament.
Philipp von Ditfurth | Image Alliance | Getty Photographs
European Fee President Ursula von der Leyen on Tuesday stated the EU would mobilize a complete of 200 billion euros ($206.5 billion) for synthetic intelligence investments in Europe, stressing that the race for AI management had not but been gained by China or the U.S.
The sum contains previously-announced 150-billion-euro funding from buyers and trade, which Von der Leyen introduced the bloc will high up by one other 50 billion euros.
Talking on the AI Motion Summit in Paris, Von der Leyen stated it might be the “largest public-private partnership on this planet for the event of reliable AI,” targeted on industrial and mission-critical purposes and powering European “gigafactories.”
It is a breaking information story and will likely be up to date shortly.