The European Union will provide 50 billion euros ($51.6 billion) of EU funds to bolster the bloc's artificial intelligence ambitions, European Commission President Ursula von der Leyen said on Tuesday,
Speaking at the AI Action Summit in Paris, European Commission President Ursula von der Leyen said the initiative would be called InvestAI.
European Commission President Ursula von der Leyen delivers a speech during the plenary session of the Artificial Intelligence (AI) Action Summit at the Grand Palais in Paris, France, February 11, 2025.
The status quo is not an option,” the European Commission said in a communication laying the groundwork for the upcoming proposal on the next long-term budget (2028-34). #EuropeNews
BRUSSELS. Feb 24 (Interfax) - European Commission President Ursula von der Leyen has assured Ukraine of further assistance and announced another 3.5-billion-euro tranche to Kiev.
The European Union (EU) estimates that the first wave of Donald Trump’s steel and aluminium tariffs will hit as much as 28 billion euros (S$39 billion) of the bloc’s exports in what would be a massive escalation in the US president’s trade war.