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Shaping Europe’s digital future
  • PRESS RELEASE
  • Publication 11 February 2025

EU launches InvestAI initiative to mobilise €200 billion of investment in artificial intelligence

At the Artificial Intelligence (AI) Action Summit in Paris, Commission President Ursula von der Leyen has launched InvestAI, an initiative to mobilise €200 billion for investment in AI, including a new European fund of €20 billion for AI gigafactories.

A hand with the palm facing up, and above it is a graphic of a light bulb containing the letters “AI.” Surrounding the light bulb are various icons representing different aspects of artificial intelligence, such as security, mechanics, cloud computing, and privacy. The background is dark with hints of blue light,

AdobeStock_738248643 © Supatman

This large AI infrastructure is needed to allow open, collaborative development of the most complex AI models and to make Europe an AI continent.

Commission President Ursula von der Leyen said:

“AI will improve our healthcare, spur our research and innovation and boost our competitiveness. We want AI to be a force for good and for growth. We are doing this through our own European approach – based on openness, cooperation and excellent talent. But our approach still needs to be supercharged. This is why, together with our Member States and with our partners, we will mobilise unprecedented capital through InvestAI for European AI gigafactories. This unique public-private partnership, akin to a CERN for AI, will enable all our scientists and companies – not just the biggest - to develop the most advanced very large models needed to make Europe an AI continent.”

The press release and President von der Leyen’s speech are available online.

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