EU Announces AI Investment Plan and Global Partnerships at G20 Summit

At the G20 Summit in Johannesburg, EU Commission President Ursula von der Leyen announced a three-pillar strategy to develop artificial intelligence for collective well-being. The first pillar is investment, with the EU planning to build 15 AI Gigafactories and already having a network of world-ranked supercomputers to provide affordable compute for researchers, start-ups and public bodies. The second pillar is adoption, embodied in an “AI First” principle that asks organisations to consider AI whenever they face a new challenge. The third pillar is international engagement; the EU is expanding its Destination Earth program, which models extreme events with high resolution, and has already helped the Caribbean with 15-day early warnings for Hurricane Melissa. The EU is also rolling out the program in Africa and supporting GenAI for Africa partnerships that connect EU firms with local partners.

https://ec.europa.eu/commission/presscorner/detail/en/statement_25_2789

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