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EU Commission Proposes AI Factories For Startups, SMEs

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EU Commission Proposes AI Factories For Startups, SMEs

The European Commission has proposed the establishment of an AI factory and AI Office to aid European startups and SMEs in developing AI that adheres to EU values and rules.

The initiative aims to simplify access to dedicated AI supercomputers, promoting the development of general-purpose AI models. This follows the EU AI Act, the first global comprehensive law on powerful AI models, which aims to facilitate the development, deployment, and adoption of reliable AI in the EU.

(With inputs from Shikha Singh)

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