European Commission to Boost Investments in Ai

Earlier this week, the European Commission outlined a three-pronged approach to increase public and private investment in AI, prepare for socio-economic changes, and ensure an appropriate ethical and legal framework. "Ai presents new challenges that Europe should meet together in order for AI to succeed and work for everyone. We need to invest at least a20 billion by the end of 2020. The Commission is playing its part: today, we are giving a boost to researchers so that they can develop the next generation of AI technologies and applications, and to companies, so that they can embrace and incorporate them."

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