European Commission Unveils €4 Billion Funding for Generative AI through 2027 at 4th AI Community Workshop & AIDA Symposium 2024, Thessaloniki#CommunityWorkshop
At the recent #CommunityWorkshop, Cecile Huet from the European Commission announced significant funding initiatives aimed at advancing generative AI (GenAI) across Europe. With €4 billion allocated for GenAI development and €500 million specifically designated for its applications, the initiative underscores Europe’s commitment to leading in AI innovation and responsibly integrating AI technologies into diverse sectors.
These funding schemes, which are part of the European Commission’s larger digital transformation agenda, are designed to accelerate research, ethical development, and practical applications of GenAI, strengthening Europe’s competitive position in the global AI landscape. The funding will support projects focused on technical innovation, societal impact, and the creation of secure, reliable AI systems that align with European values.
The #GenAI4EU initiative will cover various applications, ranging from industry solutions to public sector advancements, creating opportunities for researchers, developers, and companies to contribute to Europe’s digital future.
For those interested in following the developments, the live stream and full program details can be accessed here: https://lnkd.in/d_r6-vmX, with comprehensive funding information available at: https://lnkd.in/dCPfgPJp.
