Europe goes for tons of money for the AI future as China, America, etc drop piles of money in the sector: “The European Union has launched the InvestAI initiative, aiming to mobilize €200 billion for AI development. This initiative, announced by European Commission President Ursula von der Leyen at the Artificial Intelligence Action Summit in Paris, seeks to position Europe as a global leader in AI. The funds will support the creation of AI gigafactories, equipped with advanced AI chips, and foster public-private partnerships.
“This strategy is part of a broader effort to enhance Europe’s competitiveness in AI against the US and China, focusing on industrial applications and ethical AI development. The initiative includes a €20 billion fund specifically for establishing four AI gigafactories across Europe, each with about 100,000 AI chips, highlighting a significant commitment to infrastructure development in AI technology.” – X
Africa: where is your plan?
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This is what Africa should be concerned about MOST: an AI age where Africa has no presence in the production phase. African leaders must not fall on this armageddonic alarm because we saw how Germany, etc re-started coal plants when they could not get cheap energy from Russia, after the invasion of Ukraine. They did ot return to the stone age despite the crusade of climate warming.
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