Europe faces challenges in the adoption of artificial intelligence, including regulatory barriers and a shortage of skilled professionals. Th

Who in Europe is investing the most in artificial intelligence?

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2024-04-29 18:00:08

Europe faces challenges in the adoption of artificial intelligence, including regulatory barriers and a shortage of skilled professionals. The Next Generation EU has committed €4.4 billion to AI initiatives, with two Southern European countries leading the way.

Artificial Intelligence (AI) is reshaping the global economic landscape, emerging as a pivotal force in the digital domain and driving innovation across various sectors.

By 2030, AI is expected to have injected more than €11 trillion into the global economy, according to industry forecasts. It's anticipated that AI and robotics will jointly spark the creation of around 60 million new jobs globally by 2025, underscoring the critical importance of digitalisation in propelling economic growth.

In a concerted effort to match global tech leaders, the European Union is intensifying its push to integrate and advance AI, with a particular emphasis on bolstering digital infrastructure and capabilities across its member states.

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