FFWD | The Next Wave of News [English]

Author: FFWD | Source: FFWD | Read the full article in English

The European Union has announced an ambitious new action plan aimed at boosting the development of artificial intelligence (AI) across the continent. Central to this strategy is the establishment of AI Factories, which will enhance Europe's existing supercomputing capabilities. These factories will support startups, industries, and researchers in creating advanced AI models and applications, fostering innovation and collaboration in the tech sector.

In addition to the AI Factories, the plan includes the creation of large-scale AI Gigafactories. These facilities will be equipped with a significant number of cutting-edge AI chips, greatly surpassing the current production capabilities. The EU aims to mobilize €20 billion in investments through the InvestAI program to support this initiative, which is expected to significantly increase the availability of AI technology in various sectors.

Despite the potential benefits of AI, many companies in the EU have yet to adopt these technologies. To tackle this issue, the European Commission plans to implement a targeted strategy to encourage AI deployment in the near future. This comprehensive approach aims to create a robust internal market for data and enhance the overall AI landscape in Europe.

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