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EU start-ups investing in AI can benefit from EUR150 million financing tool, Commission says

( December 4, 2020, 11:44 GMT | Official Statement) -- MLex Summary: The European Commission has announced a new EU financing instrument of up to 150 million euros ($183 million) to support European artificial intelligence companies. The initiative will mainly target start-ups that invest in the "development of breakthrough AI applications and technologies that directly complement AI, such as blockchain, the Internet of Things and robotics," the commission said.Statement follows....

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