Daniel Hüfner & Niklas Wirminghaus, Capital, February 2025
At the AI Summit in Paris, European leaders and investors announced massive funding initiatives to strengthen AI development across the continent. French President Emmanuel Macron unveiled €109 billion in AI investments for France, while a coalition of 70 companies and investors pledged an additional €150 billion for European AI projects.
However, Fabian Westerheide, Partner at AI.FUND, remains cautious. He warns that past AI funding promises have often fallen short and stresses that Europe must act fast to avoid bureaucratic delays. While these investments could keep Europe competitive, Westerheide emphasizes that execution will be key to ensure AI innovation thrives.
To find out more, read the full article in Capital.
Original Article Text: GERMAN
Source: Capital
