The European Commission wants a significant increase in European investments in AI. This is what the President of the European Commission, Ursula von der Leyen, says in a press release.
- AI will improve our healthcare, spur our research and innovation and increase our competitiveness. We want AI to be a force for good and for growth, says von der Leyen.
The European Commission specifically proposes that the EU and thus the EU countries provide 50 billion euros, while the rest of the contributions should come from "investors and industry". The total target is 200 billion euros. This corresponds to almost 1500 billion kr.
- Together with our member states and partners, we will mobilise unprecedented capital through InvestAI for European AI gigafactories.
- This unique public-private partnership will enable all our researchers and companies - not just the largest ones - to develop the most advanced very large models needed to make Europe an AI continent, says von der Leyen.
The initiative aims to include 20 billion euros for "AI gigafactories" in Europe. This corresponds to almost 150 billion kroner.
According to the European Commission, the gigafactories are to create a "thriving European ecosystem for training advanced AI models and developing AI solutions". They are to be built around the EU's network of European supercomputers for high-performance computing (HPC). Von der Leyen attended the AI Summit in Paris on Tuesday, where she rejected criticism from US Vice President J.D. Vance, who believed that the EU was too "concerned" about AI and "over-regulates" the technology to a degree that, according to Vance, threatens to stifle AI development.
- I often hear that the EU is too late to it because the US and China have come first. I disagree. The AI race is far from over.
- AI is only just being implemented in our companies and across sectors. That must be the EU's focus. We must be the leader here, von der Leyen said in her speech at the summit.
jel /ritzau/
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