The European Union Lanza Investai: 200,000 million euros to enhance the development of artificial intelligence

The European Union Lanza Investai: 200,000 million euros to enhance the development of artificial intelligence

ByEthan Collins

Currently, the US and China carry the singing voice in the development of the latest artificial intelligence technologies. Considered by many a key development for the future of society, Europe is staying behind in this race.

To try to reverse this situation, The European Union, through the European Commission, has launched the new Initiative INSESTA with which they will be carried out Investments worth 200,000 million euros for the development of artificial intelligence technologies.

This program also includes a fund of 20,000 million euros for the construction of new factories and infrastructures related to AI. In total, the creation of four “gigafabrica” ​​is scheduled throughout the entire territory of the European Union, and will be centered on creating and training large -sized AI models, using 100,000 “the latest generation” chips. ” They will be added to the seven initial factories.

According to Ursula von der Leyen, president of the European Commission, the idea is to turn Europe into the “continent of AI”, and use this technology to improve the competitiveness of EU countries, improve basic services such as health, and enhance scientific and technological development.

The proposal is supported by the European Investment Bank, from which they hope to create the largest public-private association in the world for the development of artificial intelligence.

Ethan Collins
Ethan Collins

As a dedicated tech enthusiast and writer at IRC Junkie, I explore the latest innovations in software and hardware. With a background in computer science, I thrive on simplifying complex technological concepts for our readers. My goal is to inspire curiosity and understanding in the ever-evolving world of technology.