Europe's AI push: €150 bn pledge to supercharge AI startups
Feb 11, 2025
Brussels [Belgium], February 11: As the 2025 two-day AI Action Summit unfolds in Paris, a major push to position Europe as a global leader in AI is taking shape. The EU AI Champions Initiative, spearheaded by the global investment and transformation company General Catalyst, has issued a call to action urging simplified AI regulation, increased investment in infrastructure, and a public awareness campaign to boost trust in the technology.
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