COPENHAGEN, Denmark (AN) – The European Commission released a plan to catch up with the U.S. and China on artificial intelligence by enticing more technologies companies through streamlined rules and a network of massive new data centers equipped with supercomputers.
The E.U. executive's plan unveiled on Wednesday calls for transforming Europe into an "AI continent" by easing adoption of its landmark AI Act, set to regulate AI systems starting in 2026, and spending €20 billion ($22 billion) on up to five AI gigafactories that depend on huge amounts of power and water but are still part of a "twin digital and green transition."
