This is a major step towards mobilizing 200 billion euros (more than $206 billion) in AI investment, including a new 20 billion euro European fund to develop large-scale AI factories.
On February 11, at the Artificial Intelligence (AI) Summit in Paris (France), President of the European Commission (EC) Ursula von der Leyen officially announced the InvestAI initiative.
This is a major step towards mobilizing 200 billion euros (more than $206 billion) in AI investment, including a new 20 billion euro European fund to develop large-scale AI factories.
InvestAI is expected to create a solid foundation for Europe to become the world's leading AI development center.
Speaking at the event, Ms. von der Leyen emphasized that AI plays an important role in Europe's development.
She believes that this technology will contribute to improving healthcare services, promoting research and innovation, and enhancing competitiveness. She also expressed her desire for AI to become a driver of growth and bring common benefits.
According to the EC President, Europe's approach to AI is based on openness, cooperation and excellent talent, but still needs to be strengthened.
Therefore, she said the InvestAI initiative will mobilize an unprecedented amount of capital to build large-scale AI factories, creating conditions for all scientists and businesses, not just large corporations, to have the opportunity to develop the most advanced AI models.
The President of the European Investment Bank (EIB), Ms. Nadia Calviño, also affirmed the EIB's commitment to supporting AI as a key driver of innovation and productivity in Europe.
The InvestAI fund will fund four giant AI factories across the European Union (EU). These factories will specialize in training the largest and most complex AI models, which require advanced computing infrastructure to drive breakthroughs in areas such as medicine and science.
Each factory will be equipped with about 100,000 latest-generation AI chips, four times more than current AI factories.
These AI factories will be the world's largest public-private partnership in AI, aiming to ensure that Europe's AI development model remains open, collaborative and serves a wide range of stakeholders, not just large corporations.
In December 2024, the EC announced seven initial AI factories and will soon announce five more.
The current €10 billion investment has become one of the largest public investments in AI in the world, helping to expand access to supercomputing for startups and businesses.
In addition to the InvestAI fund, the EU is implementing a number of measures to promote innovation in the field of AI.
These include financial support through the Horizon Europe programme and the Digital Europe Programme, with a focus on generative AI; developing AI human resources through education, training and upskilling; encouraging investment in AI startups through venture capital funds; accelerating the implementation of the European Common Data Space to provide data to the AI community; and launching the "GenAI4EU" initiative to develop AI applications in many important areas such as health, manufacturing, environment and biotechnology.
In addition, the EC will also establish a European AI Research Council to optimize resources and promote AI potential.
Another initiative called “Apply AI” is expected to launch later this year to promote the application of AI in industry.
With InvestAI, Europe aims to become a global AI development hub, competing with powers like the US and China.
This initiative not only helps enhance research and innovation capabilities but also promotes the digital economy, creating thousands of job opportunities in the high-tech sector./.
Source: https://www.vietnamplus.vn/lien-minh-chau-au-ra-mat-sang-kien-invesai-voi-nguon-von-hon-206-ty-usd-post1011807.vnp
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