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The European Union has announced that it will invest 200 billion euros in the field of artificial intelligence. It aims to become the leader in the global AI race.

The European Union has unveiled a major investment plan to influence global competition in artificial intelligence. According to the announcement, a total of 200 billion euros has been allocated for AI investments across Europe, with 50 billion euros of this budget designated as new investments. Here are the details of the European Union‘s plans for the field of artificial intelligence!

How does the EU aim to lead the race for artificial intelligence?

Speaking at the Artificial Intelligence Action Summit in Paris, European Commission President Ursula von der Leyen announced that she does not agree with the view that Europe is lagging behind in the artificial intelligence race. She stated that she does not accept the idea that either China or the United States has already won this race, emphasizing that Europe can still play a significant role. Highlighting that the development of artificial intelligence technology is ongoing, Von der Leyen asserted that Europe can lead this race by leveraging applications in industry and other critical areas. She also mentioned that the planned investments will be directed toward developing large-scale artificial intelligence models and strengthening supercomputer infrastructures.

The European Union will focus on three key pillars to advance artificial intelligence: investing in science and technology, developing advanced AI applications using industrial production data, and uniting talent from various countries. At the same time, the strategy aims to expand the use of artificial intelligence in sectors such as industry, security, and public health.

Both France and the United States have accelerated their investments in artificial intelligence. French President Emmanuel Macron has announced that his country will attract 109 billion euros in private investment in the AI sector over the coming years. Meanwhile, the United States plans to implement global measures to prevent authoritarian regimes from exploiting artificial intelligence for military intelligence and propaganda purposes.