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.

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 ...

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

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

Tesla's sales in Europe are tumbling like a kid at gymnastics camp. In February they were down 42% in Sweden, 48% in Norway and—wait for it— 76% in Germany. This is not great news for the global EV transition or for Tesla, folks.

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 ...