Commission Launches AI Innovation Package to Support Artificial Intelligence Start-ups & SMEs

The European Commission is stepping up its support to European start-ups and small and medium enterprises (SMEs) so they can develop trustworthy artificial intelligence (AI) that respects EU values and rules. The new AI package put forward this week includes a broad range of measures to support these start-ups and innovation, along with a proposal to provide privileged access to supercomputers to AI start-ups and the broader innovation community.

Other measures include setting up AI Factories and making sure AI supercomputer infrastructure available for start-ups can be purchased and upgraded and the establishment of an AI Office in the Commission which can develop and coordinate AI policy at European level and supervise the implementation and enforcement of the AI Act. For more information on the supports available you can click on the link here.