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Source: زاد الاردن
22 Hrsزاد الاردن
Source: زاد الاردن
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The European Union aims to invest €200 billion—about $221 billion—to strengthen its independence in artificial intelligence and compete with the United States and China. The plan includes establishing seven hubs for chips, data centers and advanced computing, and increasing the EU’s share of the global chip market to 20% by 2030. However, the plan faces disagreements among member states over funding and facility locations, as well as labor shortages, bureaucracy, and difficulties attracting investment and expertise. The funding gap is evident in investment over the past five years: about €252 billion in Europe, compared with $1 trillion in the United States. The initiative seeks to reduce reliance on foreign technology while also establishing frameworks to limit AI-related risks.
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