EU plans new fund to help tech companies scale
a year ago
- #Artificial Intelligence
- #Quantum Technology
- #EU
- The European Commission plans to use EU funds to invest in AI and quantum companies to counter U.S. dominance.
- A new Scaleup Europe Fund will be created next year, privately managed and co-financed by private investors.
- The initiative addresses concerns about Europe's technological dependency on the U.S. and other global powers.