Right after the end of the AI Action Summit in Paris, Anthropic’s co-founder and CEO Dario Amodei called the event a “missed opportunity.” He added that “greater focus and urgency is needed on several topics given the pace at which the technology is progressing” in the statement released on Tuesday. The AI company held a…
Category: France AI Action Summit
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Anthropic CEO Dario Amodei calls the AI Action Summit a ‘missed opportunity’
In a statement on Tuesday, Dario Amodei, the CEO of AI startup Anthropic, called the AI Action Summit in Paris this week a “missed opportunity,” and urged the AI industry — and government — to “move faster and with greater clarity.” “We were pleased to attend the AI Action Summit in Paris, and we appreciate…
AI, AI governance, France AI Action Summit, Global IT News, Global Security News, Government & Policy
As US and UK refuse to sign the Paris AI Action Summit statement, other countries commit to developing ‘open, inclusive, ethical’ AI
The Artificial Intelligence Action Summit in Paris was supposed to culminate with a joint declaration on artificial intelligence signed by dozens of world leaders. While the statement isn’t as ambitious as the Bletchley and Seoul declarations, both the U.S. and the U.K. have refused to sign it. It proves once again that it is difficult…
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In Paris, JD Vance skewers EU AI rules, lauds US tech supremacy
At the AI Action Summit in Paris this week, the U.S. declined to sign the statement summarizing the resolutions. But it did make an appearance: Vice President J.D. Vance gave a speech to the audience of dignitaries, tech leaders and regulators. Amid a conference heavy on equitable AI development — specifically, beyond the outsized influence…
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AI investments surged 62% to $110 billion in 2024 while startup funding overall declined 12%, says Dealroom
Venture capitalists are gobbling up term sheets for startups peddling artificial intelligence, even as they remain picky when it comes to funding the wider spectrum of technology. According to new figures from analytics firm Dealroom, AI startups raised $110 billion in funding last year, up 62% on the year before. At the same time, privately-backed…
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EU looks to the private sector to help fund ‘AI Gigafactories’, eyeing the frontier AI race
The European Union is courting the private sector as it looks to step up compute capacity for training large AI models. Giving a speech at the AI Action Summit in Paris on Monday, the EU’s president, Ursula von der Leyen, talked up the potential of homegrown AI startups but said the region’s developers must have…
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Macron urges Europe to simplify its regulations to get back into the AI race
All eyes were on French President Emmanuel Macron at the end of the first day of the Artificial Intelligence Action Summit in Paris after he annouunced a €109 billion investment package (around $112 billion at current exchange rates) in the French AI ecosystem on Sunday evening. He reiterated this financial commitment from private partners willing…
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Google-backed public interest AI partnership launches with $400M+ pledged for open ecosystem building
Make room for yet another partnership on AI: Current AI, which is being billed as a “public interest” initiative focused on fostering and steering development of artificial intelligence in societally beneficial directions, was announced at the French AI Action summit on Monday — with an initial $400 million in pledges from backers and a plan…
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AI pioneer Fei-Fei Li warns policymakers not to let sci-fi sensationalism shape AI rules
Fei-Fei Li, the Stanford researcher who also founded World Labs, was invited to the Grand Palais in Paris on Monday to give the opening speech at the Artificial Intelligence Action Summit which is taking place this week. While she shared some of her talking points over the weekend, her stance on AI regulation and the…
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Macron unveils a $112B AI investment package, France’s answer to Stargate
French President Emmanuel Macron announced a total of €109 billion in private investments in the AI ecosystem (around $112 billion at current exchange rates) on Sunday evening. This week, Paris is hosting the Artificial Intelligence Action Summit — the third international summit focused on AI after the one in Bletchley Park in the U.K., and…
AI, Brookfield, France AI Action Summit, Global IT News, Global Security News
Investments in French AI ecosystem reach $85B as Brookfield commits $20B
Canadian investment firm Brookfield plans to invest €20 billion by 2030 in artificial intelligence projects in France (around $20.7 billion at current exchange rates), according to a report from La Tribune Dimanche confirmed by news agency AFP. The majority of the sum will be used to build AI-focused data centers. This announcement is the latest…
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Bpifrance will invest $10B in the French AI ecosystem by 2029
France’s public investment bank announced that it plans to invest as much as €10 billion (around $10.3 billion at current exchange rates) in the artificial intelligence ecosystem in France. This announcement comes a few days before heads of state and global tech leaders gather for the Artificial Intelligence Action Summit in Paris. Bpifrance has been…
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UAE to invest billions to build AI data center in France
A few days ahead of the Artificial Intelligence Action Summit in Paris, the French presidency has announced the first of several expected financial initiatives related to AI. France’s Emmanuel Macron and the United Arab Emirates’ Mohamed bin Zayed Al Nahyan have signed an agreement for a significant investment to build a massive data center dedicated…