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The European Investment Bank is working on a new project to enhance European capabilities on artificial intelligence and semiconductors, with the aim of raising 70 billion euros ($78 billion) by 2027, its head said on Saturday.
The blueprint is part of the European Union’s efforts to increase its competitiveness against China, the United States and other major economies.
The new blueprint, named ‘Tech EU’ aims to attract a total of 250 billion euros in investments over the long term, EIB president Nadia Calvino told Italian daily Corriere della Sera,…
