[NEW:]The European Union has introduced the InvestAI initiative to enhance the development of artificial intelligence in Europe.

The InvestAI initiative includes a dedicated €20 billion European fund to develop AI gigafactories The European Commission has introduced InvestAI, an ambitious initiative aimed at mobilizing €200 billion ($207 billion) for AI investments across Europe. The announcement was made by European Commission President Ursula von der Leyen at the AI Action Summit in Paris this … Read more

[NEW:]Orange and Mistral AI collaborate to advance artificial intelligence initiatives in Europe.

Orange said its research and development teams will collaborate closely with Mistral AI’s experts to analyze the effects of large-scale AI deployment on telecommunications networks globally French telco Orange and Mistral AI have announced a strategic partnership focused on advancing artificial intelligence (AI) across Europe. In a release, Orange noted that this collaboration is set … Read more