Friday, Apr 26 2024 | Time 09:35 Hrs(IST)
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World


EC to boost artificial intelligence 'made in Europe'

Brussels, Dec 8 (UNI) Delivering on its strategy on artificial intelligence adopted in April 2018, the European Commission (EC) has presented a coordinated plan prepared with Member States to foster the development and use of artificial intelligence in Europe.
According an EC press release here, this plan proposes joint actions for closer and more efficient cooperation between Member States, Norway, Switzerland and the EC in four key areas: increasing investment, making more data available, fostering talent and ensuring trust. Stronger coordination is essential for Europe to become the world-leading region for developing and deploying cutting-edge, ethical and secure artificial intelligence.
Investment levels for artificial intelligence in the EU are low and fragmented, compared with other parts of the world such as the US and China. In line with the artificial intelligence strategy presented in April, the plan foresees increased coordination of investments, leading to higher synergies and at least €20 billion of public and private investments in research and innovation in artificial intelligence from now until the end of 2020 and more than €20 billion per year from public and private investments over the following decade.
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