French govt pledges EUR 1.5 bln 5-year investment in AI sector
origin : Telecompaper
Date : 2018-04-04
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French President Emmanuel Macron said that his government would spend EUR 1.5 billion of public funds to accelerate innovation in artificial intelligence. His speech at the 'AI for Humanity' summit coincided with the publication of a comprehensive report on the future of artificial intelligence in France by mathematician and member of parliament Cedric Villani. The investment is part of a EUR 10 billion fund announced earlier this year to boost France's future industry, to be made available by the end of Macron's presidency in 2022. Out of the EUR 1.5 billion earmarked for artificial intelligence, EUR 100 million will be dedicated to support French start-ups, of which EUR 70 million for deep-tech businesses. In the speech, Macron highlighted the role of the government in supporting research and common international standards within and outside Europe, in sectors such as healthcare and autonomous vehicles. Among his key messages, he drew attention to the importance of full transparency in the use of algorithms, and of ethical and philosophical boundaries to frame future innovation. The summit, organised by the digital economy ministry on 29 March, was backed by announcements from a number of major companies, including Google’s DeepMind, Microsoft, Samsung and Fujitsu, which committed to strengthen their artificial intelligence R&D efforts in the country.