EU rolls out $1.1 billion plan to ramp up AI in key industries amid sovereignty drive

Investing.comWednesday, October 8, 2025 at 8:49:45 AM
EU rolls out $1.1 billion plan to ramp up AI in key industries amid sovereignty drive
The European Union has announced a significant $1.1 billion initiative aimed at enhancing artificial intelligence across key industries. This move is part of a broader strategy to bolster technological sovereignty in Europe, ensuring that the region remains competitive in the global market. By investing in AI, the EU is not only fostering innovation but also addressing critical challenges in various sectors, which could lead to job creation and economic growth.
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