EU launches $1.1 billion AI initiative to boost industry and reduce reliance on US and China

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Source: Reuters
EU launches $1.1 billion AI initiative to boost industry and reduce reliance on US and China
Photo: Reuters
TL;DR Summary

The European Commission announced a €1 billion plan to boost AI adoption in critical sectors like healthcare, manufacturing, and energy, aiming to reduce reliance on U.S. and Chinese technologies and promote strategic autonomy in Europe.

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