The EU Commission proposes AI factories for start-ups and SMEs

The European Commission has proposed the launch of an AI Factory, an AI Office and other AI-related startups to support European startups and small enterprises in developing reliable artificial intelligence (AI) that respects EU values. Rules.

The announcement published on the Commission's blog states that European startups will have easier access to certain AI supercomputers. This initiative aims to accelerate the adoption of AI technology.

This comes after the agreement reached in December 2023 on the EU AI Act, the first international law on powerful artificial intelligence models and their use, such as Microsoft-backed ChatGPIT and Google Bard. The act is designed to develop, deploy and adopt reliable AI in the EU.

Our AI Act is the first comprehensive AI Act in the world.

With 3 of the world's 5 most powerful supercomputers in Europe, it's time to use our digital leadership and develop reliable AI.

Today, we present key AI initiatives outlined at #SOTEU ↓ #DigitalEU.

— European Commission (@EU_Commission) January 24, 2024

In the year In September 2023, EU Commission President Ursula von der Leyen gave a ‘State of the Union' address and announced a new initiative to provide European supercomputers for innovative European AI startups to train their trusted AI models.

The commission launched the AI ​​Grand Challenge in November 2023, a prize that will give AI startups funding and access to supercomputing.

The commission noted that AI factories, also known as one-stop shops, help AI startups and researchers create algorithms, test and validate large-scale AI models, and access dedicated AI supercomputers.

Initiatives to support AI startups and innovation include the decision to set up an AI office within the Commission. This office ensures the development and coordination of AI policy at the European level, as well as oversees the implementation and enforcement of the upcoming AI law.

Related: FSB to target global crypto regulation and AI's financial impact by 2024

It is part of measures launched by the EU's AI startups and innovative communications initiative to combine public and private funds to generate an additional total investment of around 4 billion euros by 2027.

The Commission has established two European Digital Infrastructure Consortiums (EDICs) in cooperation with several Member States – the Alliance for Language Technologies (ALT) which addresses the lack of European language data and supports the development of large-scale language models. Language difference.

The second EDIC is ‘CitiVERSE', which uses advanced AI tools to develop and improve local digital twins for smart communities. This initiative helps cities in simulating and improving processes including traffic management and waste management.

Magazine: Crypto+AI token picks, AGI will take ‘longer', Galaxy AI up to 100M phones: AI Eye