European Commission President Ursula von der Leyen (CDU, R) stood at the plenary meeting of the European Parliament.
Philip von Dietfos | Picture Alliance | Getty Images
European Commission President Ursula von der Leyen said on Tuesday that the EU will mobilize a total of 200 million euros ($206.5 billion) in artificial intelligence investment in Europe
The total includes previously announced €15 billion in investors and industry funding, von der Leyen announced that the group will add another €50 billion.
Speaking at the AI Action Summit in Paris, Von der Leyen said it would be “the world’s largest public-private partnership aimed at developing trustworthy AI” and “a key focus on industry and missions. and powers the “Gigafactories” in Europe.
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