EU to Bet on AI, Advanced Research and Clean Tech in Bid to Compete
- Draft competitiveness report outlines framework for EU action
- Bloc risks falling further behind US as Trump rolls out plans
"AI for All" at a trade fair in Berlin.
Photographer: Liesa Johannssen/BloombergThis article is for subscribers only.
The European Union will propose establishing an advanced research project agency modeled on US government entities to invest in strategic technologies as part of a broader drive to boost the bloc’s competitiveness.
The bloc will also call for building new aggregated supercomputing infrastructure for artificial intelligence. The plans are included in a new draft strategy the EU will release at the end of January alongside proposals to cut regulation, improve access to funding, lower energy costs and mitigate dependencies linked to critical materials, according to people familiar with the matter and documents seen by Bloomberg.