The European Commission's investment of €1.5 billion in seven new AI factories aims to empower small businesses and enhance academic research in AI across Europe.
Commission President Ursula von der Leyen stated, 'This way, Europe will be an AI continent by the end of the decade,' emphasizing the strategic vision for AI deployment.
Jensen Huang, NVIDIA's founder, highlighted the importance of AI factories as engines for generating revenue and intelligence, crucial for evolving technologies like chatbots and generative models.
A robust AI factory includes a data pipeline, algorithm development capabilities, supercomputers for training, and an experimentation platform for testing AI models and applications.
#ai-investment #european-commission #technology-advancement #ai-factories #small-business-empowerment
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