The competition will reward innovative startups and SMEs for devising ambitious strategies and making commitments to develop large-scale AI models that will provide a competitive edge for Europe.
The action, funded by DIGITAL EUROPE, aims at implementing the CitiVerse concept through the collaboration of the European Industry, including SMEs, and communities.
The report on AI research and innovation by the European Commission looks at AI developments and trends in Europe, drawing attention to the benefits enabled by AI, but also the ethical challenges the technology poses.