For a man who’s spent his career battling to make France more pro-business, Europe’s prospects on artificial intelligence are worrying: an oversight that could cost the bloc dearly.

The call for balanced regulation comes at a time when Europe is striving to keep pace with AI advancements led by the US and China. Macron highlighted the risk of Europe falling behind if it fails to

France will announce private sector investments totalling some 109 billion euros ($112.5 billion) in its artificial intelligence sector during the Paris AI summit which opens on Monday, President Emmanuel Macron said.

French President Emmanuel Macron trumpeted the benefits of artificial intelligence Sunday, ahead of a two-day Paris summit on the technology and its potential benefits and pitfalls.

Investors will pump 109 billion euros into artificial intelligence (AI) projects in France in the coming years, President Emmanuel Macron said Sunday ahead of a two-day global summit on the technology in Paris.

President Emmanuel Macron said on Sunday that France will announce investments amounting to 109 billion euros ($112.5 billion) in artificial intelligence over the coming years during the Paris AI summit opening Monday.

France will see €109 billion ($113 billion) invested in AI projects, President Emmanuel Macron announced Sunday, calling it a game-changer ahead of a global AI summit in Paris. To promote the event, he posted AI-generated fake videos of himself in various roles,