Wednesday, November 20, 2024
HomeInvestmentEurope launches AI one-stop shop with supercomputers for startups By Reuters

Europe launches AI one-stop shop with supercomputers for startups By Reuters


© Reuters. FILE PHOTO: AI (Artificial Intelligence) letters are placed on computer motherboard in this illustration taken June 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

By Foo Yun Chee

BRUSSELS (Reuters) – Europe’s startups will get easier access to artificial intelligence-dedicated supercomputers to help them develop general purpose AI models as part of a new one-stop shop to boost take up of the technology, the European Commission said on Wednesday.

The proposal from the European Union executive followed a deal last month between EU countries and lawmakers on landmark rules for large powerful AI models such as Microsoft-backed ChatGPT and Google (NASDAQ:)’s Bard and their use.

The Commission said the one-stop shop, or so-called AI Factories, would assist AI startups and researchers to develop algorithms, test and validate large-scale AI models, and facilitate their access to AI-dedicated supercomputers.

“Today, we announce the launch of AI Factories, bringing together the ‘raw materials’ for AI: computing power, data, algorithms and talent,” EU industry chief Thierry Breton said in a statement.

Europe is in a race with the United States and China to take the lead in the technology, which is used in a swathe of industries and applications.



This story originally appeared on Investing

RELATED ARTICLES
- Advertisment -

Most Popular

Recent Comments