EIB to co-invest to AI startups in Europe

Last week EIB has announced their initiative to co-invest 150M EUR into promising AI startups across EU and EU-related regions. This means that EIF now joins the AI race, where the USA and China are clear dominants at the moment.

Artificial Intelligence — the global race for dominance.

The saying that data is the new gold is so old that nobody takes it seriously anymore. At the same time, the playfield has never been equal for everyone. China has identified it as a priority vector a while ago and…