{"id":23044,"date":"2024-01-25T05:33:40","date_gmt":"2024-01-25T05:33:40","guid":{"rendered":"https:\/\/web3unplugged.io\/blog\/?p=23044"},"modified":"2024-01-25T05:33:42","modified_gmt":"2024-01-25T05:33:42","slug":"eu-launches-support-package-for-artificial-intelligence-startups-smes","status":"publish","type":"post","link":"https:\/\/web3unplugged.io\/blog\/eu-launches-support-package-for-artificial-intelligence-startups-smes\/","title":{"rendered":"EU launches support package for Artificial Intelligence startups, SMEs"},"content":{"rendered":"\n<p>The EU Commission launched a package of measures Wednesday to support European startups and SMEs in development of Artificial Intelligence (AI) that is \u2018trustworthy\u2019 and \u2018respects EU values\u2019.<\/p>\n\n\n\n<p>The package includes a proposal for privileged access to supercomputers to AI startups and the broader innovation community.<\/p>\n\n\n\n<p>\u201cYou need computing power to develop AI. A lot of it. So we want to give SMEs and start-ups privileged access to the network of European supercomputers,\u201d said EC vice-president Margrethe Vestager: \u201cWe are committed to innovation of AI and innovation with AI. And we will do our best to build a thriving AI ecosystem in Europe.\u201d<\/p>\n\n\n\n<p>The package contains:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>An amendment of the\u00a0EuroHPC Regulation\u00a0to set up AI Factories, a new pillar for the EU\u2019s supercomputers\u00a0Joint Undertaking\u00a0activities. This includes:<ul><li>Acquiring, upgrading and operating AI-dedicated supercomputers to enable fast machine learning and training of large General Purpose AI (GPAI) models;<\/li><li>Facilitating access to the AI dedicated supercomputers, contributing to the widening of the use of AI to a large number of public and private users, including startups and SMEs;\u00a0<\/li><li>Offering a \u2018one-stop shop\u2019 for startups and innovators, supporting the AI startup and research ecosystem in algorithmic development, testing evaluation and validation of large-scale AI models, providing supercomputer-friendly programming facilities;<\/li><li>Enabling the development of a variety of emerging AI applications based on General Purpose AI models.<\/li><\/ul><\/li><li>A decision to establish an AI Office within the Commission, to ensure development and coordination of AI policy at European level, as well as supervise the implementation of the forthcoming\u00a0AI Act.<\/li><li>An EU AI Start-Up and InnovationCommunication outlining additional activities:<ul><li>Financial support from the Commission through\u00a0Horizon Europe\u00a0and the\u00a0Digital Europe programme\u00a0dedicated to generative AI. This package will generate an additional overall public and private investment of around EUR 4 billion until 2027;<\/li><li>Accompanying initiatives to strengthen EU\u2019s generative AI talent pool through education, training, skilling and reskilling activities;<\/li><li>Encourage public and private investments in AI start-ups and scale-ups, including through venture capital or equity support (including via new initiatives of the\u00a0EIC accelerator Programme\u00a0and\u00a0InvestEU);<\/li><li>The acceleration of the development and deployment of\u00a0Common European Data Spaces, made available to the AI community;<\/li><li>The \u2018GenAI4EU\u2019 initiative, to support development of novel use cases and emerging applications in Europe\u2019s 14 industrial ecosystems, as well as the public sector. Application areas include robotics, health, biotech, manufacturing, mobility, climate and virtual worlds.<\/li><\/ul><\/li><\/ul>\n\n\n\n<p>The Commission is also establishing, with a number of Member States, two European Digital Infrastructure Consortiums (EDICs):<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>The \u2018Alliance for Language Technologies\u2019 (ALT-EDIC) aims to develop a common European infrastructure in language technologies to address the shortage of European languages data for the training of AI solutions, as well as to uphold Europe\u2019s linguistic diversity and cultural richness. This will support the development of European large language models.<\/li><li>The \u2018CitiVERSE\u2019 EDIC will apply state-of-the-art AI-tools to develop and enhance Local Digital Twins for Smart Communities, helping cities simulate and optimise processes, from traffic management to waste management.<\/li><\/ul>\n\n\n\n<p>Finally, the Commission has adopted a\u00a0Communication\u00a0outlining the Commission\u2019s own strategic approach to the use of Artificial Intelligence.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The EU Commission launched a package of measures Wednesday to support European startups and SMEs in development of Artificial Intelligence (AI) that is \u2018trustworthy\u2019 and \u2018respects EU values\u2019. The package includes a proposal for privileged access to supercomputers to AI startups and the broader innovation community. \u201cYou need computing power to develop AI. A lot [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":23046,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"none","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[2],"tags":[],"class_list":["post-23044","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"rttpg_featured_image_url":{"full":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2024\/01\/Untitled-14-1.jpg",200,200,false],"landscape":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2024\/01\/Untitled-14-1.jpg",200,200,false],"portraits":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2024\/01\/Untitled-14-1.jpg",200,200,false],"thumbnail":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2024\/01\/Untitled-14-1-150x150.jpg",150,150,true],"medium":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2024\/01\/Untitled-14-1.jpg",200,200,false],"large":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2024\/01\/Untitled-14-1.jpg",200,200,false],"1536x1536":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2024\/01\/Untitled-14-1.jpg",200,200,false],"2048x2048":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2024\/01\/Untitled-14-1.jpg",200,200,false],"post-thumbnail":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2024\/01\/Untitled-14-1.jpg",200,200,false],"graptor-sq-xs":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2024\/01\/Untitled-14-1.jpg",100,100,false]},"rttpg_author":{"display_name":"Admin CG","author_link":"https:\/\/web3unplugged.io\/blog\/author\/admin-cg\/"},"rttpg_comment":0,"rttpg_category":"<a href=\"https:\/\/web3unplugged.io\/blog\/category\/news\/\" rel=\"category tag\">news<\/a>","rttpg_excerpt":"The EU Commission launched a package of measures Wednesday to support European startups and SMEs in development of Artificial Intelligence (AI) that is \u2018trustworthy\u2019 and \u2018respects EU values\u2019. The package includes a proposal for privileged access to supercomputers to AI startups and the broader innovation community. \u201cYou need computing power to develop AI. A lot&hellip;","_links":{"self":[{"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/posts\/23044","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/comments?post=23044"}],"version-history":[{"count":1,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/posts\/23044\/revisions"}],"predecessor-version":[{"id":23047,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/posts\/23044\/revisions\/23047"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/media\/23046"}],"wp:attachment":[{"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/media?parent=23044"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/categories?post=23044"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/tags?post=23044"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}