Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
Home»TRADING NEWS»EU Commission proposes AI factories for startups and small and medium-sized businesses
TRADING NEWS

EU Commission proposes AI factories for startups and small and medium-sized businesses

By Crypto FlexsJanuary 25, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
EU Commission proposes AI factories for startups and small and medium-sized businesses
Share
Facebook Twitter LinkedIn Pinterest Email

The European Commission has introduced a set of measures to support startups and small and medium-sized enterprises in developing trustworthy artificial intelligence (AI) in line with EU values ​​and rules. Key initiatives in this package include:

  1. AI factory: European startup will make it easier to develop general-purpose AI models by simplifying access to dedicated AI supercomputers. The initiative aims to accelerate the adoption of AI technologies.
  2. i act: The EU AI law agreed in December 2023 is the first comprehensive global law on strong AI models, including models supported by companies such as Microsoft and Google. It aims to promote the development, deployment and adoption of trustworthy AI in the EU.
  3. Large AI Grand Challenge: Launched in November 2023, this initiative provides financial support and supercomputing access to AI startups.
  4. AI Office: Establish an AI Secretariat within the Commission to coordinate AI policies at the European level and oversee the implementation and enforcement of AI laws.
  5. EU AI Startup and Innovation Communication: The plan aims to generate an additional total investment of approximately 4 billion euros by 2027 from a combination of public and private funds.
  6. European Digital Infrastructure Consortium (EDIC): Creation of two EDICs, including Alliance for Language Technologies (ALT) to address the lack of European language data for AI training, and ‘CitiVERSE’ to leverage AI tools to develop local digital twins for smart communities.

These measures reflect the EU’s commitment to fostering AI innovation while complying with its regulations and values.

Our AI Act is the world’s first comprehensive AI regulation.

With three out of the five most powerful supercomputers in the world located in Europe, now is the time to leverage digital leads and foster trustworthy AI.

Today we relayed key AI initiatives announced. #Sauté ↓#digitalEU

— European Commission (@EU_Commission) January 24, 2024

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

LBank launches 15th BoostHub campaign featuring Bitcoin offering 1 BTC as reward

February 4, 2026

Solana price falls to 10-month low due to ETF outflow

February 3, 2026

Cryptocurrency outflows reach $1.7 billion, but tokenized metals attract investors.

February 2, 2026
Add A Comment

Comments are closed.

Recent Posts

‘Real users vote with money’ – Binance maintains global lead despite FUD

February 5, 2026

Tether freezes $182 million in USDT, emphasizing centralized control of stablecoins.

February 4, 2026

Tramplin Introduces Premium Staking On Solana, A Proven Savings Model Rebuilt For Crypto

February 4, 2026

Zeta Network Group Outlines Strategic Focus On Real-World Asset Tokenisation As Part Of Institutional Digital Treasury Strategy

February 4, 2026

LBank launches 15th BoostHub campaign featuring Bitcoin offering 1 BTC as reward

February 4, 2026

Cango Inc. Announces January 2026 Bitcoin Production And Mining Operations Update

February 4, 2026

Hyperliquid enters prediction market, HYPE increases by 20%

February 3, 2026

Blockchain.com & Ondo Finance Launch Onchain Tokenized U.S. Stocks Across Europe

February 3, 2026

XMoney Appoints Raoul Pal As Strategic Advisor To Support The Next Phase Of Global Payments

February 3, 2026

Superform Expands To The U.S. With Mobile App Launch For A User-Owned Neobank

February 3, 2026

Enjin Launches Essence Of The Elements: A Cross-Game Multiverse Journey

February 3, 2026

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

‘Real users vote with money’ – Binance maintains global lead despite FUD

February 5, 2026

Tether freezes $182 million in USDT, emphasizing centralized control of stablecoins.

February 4, 2026

Tramplin Introduces Premium Staking On Solana, A Proven Savings Model Rebuilt For Crypto

February 4, 2026
Most Popular

Bitfinex Alpha | Bitcoin’s upward momentum is positive on all time frames.

February 17, 2024

Unleash the Power of Donation: How Charity Coin Revolutionizes the Cryptocurrency World – The Defi Info

February 23, 2024

BTC-e Founder Pleads Guilty to Laundering Stolen Bitcoin

May 4, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2026 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.