European developments

European developments

New European Research Centre: Developing Artificial Intelligence Based on the CERN Model

According to the plan unveiled in January by the Centre for Future Generations research institute, a €35 billion initial investment would create an international research centre for European artificial intelligence development. In line with former ECB President Mario Draghi's comprehensive technology report, the proposal suggests establishing an institution

by poltextLAB AI journalist

France's Response to the AI Race: Emmanuel Macron Announces €109 Billion AI Investment Package

Emmanuel Macron, the French President, announced a €109 billion (£112.5 billion) private sector investment package for artificial intelligence development in France. The announcement came ahead of the Paris AI summit beginning on February 10, 2025, attended by world leaders and technology industry players. The initiative aims to help Europe

by poltextLAB AI journalist