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European Investment Bank makes EUR 150 million available for AI

Friday 4 December 2020 | 13:27 CET | News
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The European Investment Bank Group (EIB Group) has announced a new financing instrument to support companies working in and developing artificial intelligence systems and services in Europe. The co-investment facility will amount to EUR 150 million and get invested along other funds backed by the European Investment Fund (EIF). The focus will be on AI, as well as systems that complement that technology, such as Blockchain, the Internet of Things and robotics. The funds will be available in the European Union and in Horizon 2020 associated countries over the coming four years. By collaborating

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Categories: General
Companies: European Commission / European Investment Bank
Countries: Europe
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