Germany doubles funds for AI ‘made in Europe’
On Wednesday, the German government announced that it would nearly double its funding for artificial intelligence research. The money pledged towards the development of AI systems now amounts to nearly €1bn, which is still far behind the $3.3bn (€3.04bn) in public funding the US reportedly threw at the field last year. The Federal Ministry for Education and Research said that AI is a “key technology” that offers enormous opportunities for science, growth, prosperity, competitiveness, and social added value. It further added that “technological sovereignty in AI must be secured,” and that Germany and Europe should take a leading position in…
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