EU to invest $1.4 billion in artificial intelligence, cybersecurity and digital skills


FILE PHOTO: EU flag, stock graph and "AI ARTIFICIAL INTELLIGENCE" words are seen in this illustration taken, May 21, 2024. REUTERS/Dado Ruvic/Illustration/File Photo

BRUSSELS (Reuters) - The European Commission will invest 1.3 billion euros ($1.4 billion) in artificial intelligence, cybersecurity and digital skills through the Digital Europe Programme for 2025 to 2027, it said in a statement on Friday.

"Securing European tech sovereignty starts with investing in advanced technologies and in making it possible for people to improve their digital competences," European Commission digital chief Henna Virkkunen said.

($1 = 0.9281 euros)

(Reporting by Charlotte Van Campenhout; Editing by Kevin Liffey)

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Micron rejigs business units to highlight AI data center demand
Google holds illegal monopolies in ad tech, US judge finds, allowing US to seek breakup
Shortsellers targeted wider range of companies ahead of Trump's 'Liberation Day'
Infosys forecasts weak fiscal 2026, joins Indian IT peers in flagging uncertainties
TikTok bans user behind Gisele Pelicot 'starter kit' meme
US lawmakers fear AI data centres will drive up residents’ power bills
As demand for AI rises, so do power thirsty data centres
Chinese scientists use AI to help visually impaired to ‘see’, explore the world
European firms rethink cloud provider choices amid trade war, OVHCloud CEO says
Samsung unveils AI-powered appliances, including fridges that can double as a smart home hub

Others Also Read