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EU chief announces 200 billion euro AI investment push

Variety and Tech

11-02-2025 | 06:12

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EU chief announces 200 billion euro AI investment push

On Tuesday, EU chief Ursula von der Leyen announced a push to channel 200 billion euros in public and private investments into Europe's nascent artificial intelligence industry.

"We aim to mobilise 200 billion euros for AI investments in Europe," the European Commission president told a Paris AI summit, saying the EU would contribute 50 billion euros with the rest pledged by "providers, investors and industry."

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