Prioritizing funding for AI research and startups is essential. The European Commission has set a target of 20 billion euros in annual AI investment, but this goal requires significant private-sector participation.

T HERE IS LITTLE reason to cheer the cooling of relations between America and the European Union. But it’s an ill wind that blows no one any good. In the fast-growing world of artificial intelligence ( AI ), Mistral, a French startup, may be a beneficiary of the transatlantic tempest.

Chinese artificial intelligence firm iFlyTek is planning to expand its European business as trade tensions rise between the United States and China, Vice President Vincent Zhan said.

Nine months after passing a landmark AI Act, the EU has become a battlefield for AI companies and rightsholders.

Independent entities designated by the EU to assess medical devices, must check that AI devices also adhere to the AI Act in the future, Molnar said. “When there is an application for a new device to enter the market, it will be one notified body looking for compliance both for MDR and both for AI,” she said.

While many businesses still have reservations about using AI in the supply chain, it can prove crucial in reducing operational expenses and improving efficiency.

Mistral AI, the French company behind AI assistant Le Chat and several foundational models, is officially regarded as one of France’s most promising tech

LONDON, Feb 25 (Reuters) - Some of Europe's most popular AI-linked stocks fell for a second day on Tuesday, after an analyst note late last week that flagged a possible slowdown by Microsoft on data centre leasing knocked sentiment ahead of make-or-break ...

A FRENCH tech startup executive has called for Europe to boost its artificial intelligence (AI) capabilities and reduce reliance on US technology, in a keynote on March 4 in Barcelona, Spain for this year's Mobile World Congress,

In a bid to accelerate military decision-making—particularly in the European and Indo-Pacific regions—the Pentagon has hired Scale AI to prototype an artificial-intelligence program to help plan military campaigns, test battle scenarios, anticipate threats, and more.

EcoDataCenter (EDC), a Swedish company that builds eco-friendly data centers used by major compute providers to handle their AI traffic, has raised nearly

As such, he said developing a generative AI system in Europe is key because “there’s a lot of bias that can be created right from the start in these models” and the EU needs to “develop ...