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Artificial intelligence: €20 billion for “AI” manufactured in Europe

by editor
On Friday, the European Commission set out a plan, developed with member states, to favour the development and use of AI (artificial intelligence) in Europe.
The Commission’s ambition is to release at least €20 billion of private and public investments for this purpose by the end of 2020.

The figure of €20 billion had already been quoted by the European Commission, last April, when it had set out its approach aiming to stimulate Europe’s competitiveness in the sphere.

The plan developed in the last 6 months proposes joint action between the member states, Norway, Switzerland and the European Commission within four spheres: investment growth, the availability of more data, talent cultivation and guarantees of trust.

Andrus Ansip, the Commissioner for the Digital Single Market, maintains that the EU wishes to become “a leading regional player in ethical, sound and high-tech AI.”

Priority has been given to public interest spheres such as health, transport and mobility, security and energy.

Oscar Schneider

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