EU seeks to boost homegrown AI startups with innovation push while upholding ethics rules
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The EU is aiming to counter criticism that its AI regulations could stifle innovation by promoting efforts to support European AI startups, such as providing funding, data, computing power, etc.
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The EU plans to unveil a proposal to give AI startups access to European supercomputers to address their need for vast computing power.
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EU leaders like von der Leyen are increasingly talking up Europe's potential to lead in areas like industrial AI, while also emphasizing the need for "responsible" AI.
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The timing coincides with final negotiations on the AI Act, which France and others criticized as possibly hindering innovation; the final text makes some concessions.
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The innovation push balances competitiveness and ethical considerations, with top EU officials affirming the need for "human centricity."