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EU Innovation Competition To Fund AI Teams

BR24 Berlin 13d Impact 5
The German Federal Agency for Sprung-Innovationen is launching an innovation competition to support up to ten European teams. The initiative includes a total seed funding of 125 million euros. This move is a direct response to the market dominance of AI models from the United States and China. This move is a direct response to the current market where the most powerful AI models originate almost exclusively from the USA and China.

Topics

AI innovation funding

Developing

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Sources · 7 independent

BR24

“ein Innovationswettbewerb der Bundesagentur für Sprung-Innovationen soll bis zu zehn europäische Teams fördern mit einer Anschubfinanzierung von insgesamt 125 Millionen Euro.”

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