The European Union will invest €1.4 billion ($1.5 billion) in 2025 to support the advanced technology and artificial intelligence sector 🌐

443 Total views in all languages

The European Union is investing €1.4 billion in 2025 to support the advanced technology sector to compete with the U.S. and China. The funding will be provided through the European Innovation Council (EIC) as part of the Horizon Europe program, which is €200 million more than in 2024.

European policymakers see technology and artificial intelligence as key to strengthening the economy. "The European Innovation Council has become an essential tool for supporting breakthrough innovations in the EU," noted EU Commissioner Iliana Ivanova.

This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.

RoadMap

Top Articles of the Last 10 Days

Japan is reducing taxes on cryptocurrency and introducing new rules for regulating digital assets, including increased control over unregistered exchanges

Binance launches a voting mechanism for the listing and delisting of tokens, providing users with more control and supporting new promising projects

The hacker group Dark Storm has claimed responsibility for the large-scale cyberattack that caused disruptions on the social network X (formerly Twitter)

Microsoft is developing its own AI models and testing alternatives to OpenAI to compete in the technology space, investing $14 billion and hiring industry experts

The European Central Bank (ECB) plans to release the digital euro by October 2025, despite doubts from lawmakers due to the recent failure in the Target 2 system

Nigeria receives $60 million from confiscated US assets after Tigran Gambaryan’s release, strengthening cooperation in the fight against corruption and financial crimes

The Cardano Foundation enters into a strategic partnership with SERPRO to implement blockchain technologies in Brazil's public sector and train 8,000 employees

El Salvador and Paraguay have signed a cooperation agreement on cryptocurrency regulation to combat illegal operations and improve control over money laundering