APR 24, 2018 | EUROPEAN UNION | US | ASIA PACIFIC
EU to Invest 1.5 Billion Euros in AI to Catch Up With US, Asia
Reuters, April 25, 2018
By Julia Fioretti
"The European Commission will boost its investment in artificial intelligence by about 70 percent to 1.5 billion euros ($1.83 billion) by 2020 to catch up with Asia and the United States, which are each investing at least three times more than Europe.”
Original Posting: https://www.reuters.com/article/us-eu-artificialintelligence/eu-to-invest-1-5-billion-euros-in-ai-to-catch-up-with-us-asia-idUSKBN1HW1WL
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The Business Software Alliance (www.bsa.org) is the global trade association of the enterprise software industry, representing companies that are leaders in artificial intelligence, cybersecurity, cloud computing, quantum, and other breakthrough technologies. We work in over 20 markets in the US, Europe, and Asia, advocating for policies that build trust in technology so that every industry sector and the public can benefit from innovation.