25 EU Countries Sign AI Pact In A Bid To Compete With US, Asia
In a landmark deal, 25 European countries signed a deal to form a ‘European approach’ to artificial intelligence in order to compete with the American and Asian tech giants. Representatives from all the European countries except Cyprus, Romania, Croatia and Greece, made a pact to work together on some of the most important issues raised by AI with respect to research, deployment and social, economic, ethical and legal questions. “Member states have a level of excellence in some sectors but they cannot be globally leading in an isolated way if they’re alone. The EU can be a driving force… If there are any disagreements, I believe this is something that can be valuable for the EU,” said Mariya Gabriel, digital commissioner for EU. Interestingly, the group has not promised a specific amount dedicated to new investments as of now. With the US and Asian countries progressing in the new tech areas such as artificial intelligence, data analytics, machine learning, and internet of things, among others, the European politicians are trying to catch up. In fact, the EU countries who have signed the pact are also nudging their public and private sectors towards AI progress by earmarking public funds and nudging companies to invest in technologies like robotics and medical applications that process huge amounts of data. Some experts are of the opinion that the new European Union bloc’s new initiative could still be hampered by competition between member states, or by their differing positions on regulation with respect to AI. As of now the following countries have signed the deal: Bulgaria Belgium Czech Republic Denmark Germany Estonia Ireland Spain France Italy Latvia Lithuania Luxembourg Hungary Malta Netherlands Austria Poland Portugal Slovenia Slovakia Finland Sweden UK Norway During his speech at the event, Mounir Mahjoubi, France’s secretary of state for digital affairs said that his country’s €1.5 billion investment pledge was not only in France’s interests. “France wants Europe to be the leader on artificial intelligence,” he said.
In a landmark deal, 25 European countries signed a deal to form a ‘European approach’ to artificial intelligence in order to compete with the American and Asian tech giants. Representatives from all the European countries except Cyprus, Romania, Croatia and Greece, made a pact to work together on some of the most important issues raised by AI with […]
25 European countries signed a deal to form a 'European approach' to AI in order to compete with the American and Asian tech giants.
["AI (Artificial Intelligence)", "AI race", "China", "european union", "US"]
["european union", "AI race", "artificial intelligence", "machine learning", "AI", "programming_languages:R", "Git", "analytics", "ai_applications:robotics", "AI (Artificial Intelligence)", "R", "China", "US"]
["AI", "artificial intelligence", "machine learning", "analytics", "R", "Git", "programming_languages:R", "ai_applications:robotics"]
Prajakta is a Writer/Editor/Social Media diva. Lover of all that is 'quaint', her favourite things include dogs, Starbucks, butter popcorn, Jane Austen novels and neo-noir films. She has previously worked for HuffPost, CNN IBN, The Indian Express and Bose.