InvestAI public-private initiative: €20 Bn of European fund to attract even more investment in AI
Ursula von der Leyen announces the launch of the InvestAI initiative, that includes a new European fund of €20 Bn for AI gigafactories, at the AI Action Summit in Paris on 11/02/2025.
The initial €20 Bn funding will come from existing EU funding programmes such as Digital Europe Programme and Horizon Europe, and InvestEU, Member States...