French President Emmanuel Macron has announced €109bn worth of investments in artificial intelligence in France over the coming years, as Europe seeks a greater foothold in the fast-growing industry dominated by the US and China.
Macron touted the new funding ahead of the AI Action Summit in Paris which starts on Monday, featuring discussions between world leaders and AI executives such as OpenAI’s Sam Altman.
It come after US President Donald Trump last month hailed a $500bn AI infrastructure project known as Stargate, to be built in America and led by OpenAI and SoftBank.
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