European Union to Boost AI Sector Growth

posted  25 Jan 2024
Photo - European Union to Boost AI Sector Growth
The European Commission is rolling out a comprehensive package of measures to encourage the development of artificial intelligence (AI) among startups, alongside small and medium-sized enterprises. This strategic plan is consistent with EU principles and guidelines.

Part of this initiative is the establishment of a supercomputer manufacturing facility, vital for the training of large language models (LLM).

There is also an intent to launch an AI Office, tasked with the development and coordination of AI policy throughout the EU.

Additional measures will include financial backing from the Commission and the establishment of various initiatives that focus on AI education and skill development.