Strategy will take advantage of the EuroHPC supercomputer network to build advanced computing infrastructures to support “health, industry, climate or finance”. This is what is known about the “compass of competitiveness” of the EU.
The European Commission is preparing a new strategy to boost the competitiveness of the European Union that involves a strong investment in artificial intelligence (IA), namely the creation of “AI Megafábricas” to face the technological powers of the United States and China.
The initiative is the central proposal of the program “Competitiveness compass” of the EU, which outlines European economic policy for the next five years. The creation of a continental strategy for the IA will take advantage of the supercomputer network of the EuroHPC To build advanced computing infrastructures accessible to researchers, startups and industries.
“Taking advantage of the existing world class network of eurohpc supercomputer, this Initiative seeks to establish the first ‘megafabreal’ to Europeboosting your computing power and making it accessible to researchers, startups and industries for them to train, develop and improve their AI models, ”read, according to the document that will be presented on Wednesday , according to the president of the European Commission, Ursula von der Leyen.
These AI megafabrees will be “dynamic ecosystems that promote innovation, collaboration and development in the field of AI, […] serving as AI advancement and promotion centers in various sectors, such as health, industry, climate or finance. ” The EU announced, at the end of last year, the creation of the first seven units, one of which will count on the participation of PortugalRomania and Türkiye in the EuroHPC system update project in Barcelona.
The initiative aims attract investment to Europenecessary to reduce the economic difference in the face of the main competing powers.
Deregulation, uncomplication
Former Italian Prime Minister and former European Central President Mario Draghi, who brings together Wednesday with the Council of State to discuss his report on the future of the competitiveness of the European Union, estimates that they are Required 800 billion euros per year to balance the competition with the US and China. The European Commission’s bet will be facing deregulation, creation of simpler legislation and reduced bureaucracy.
One of the steps to simplify the business environment will be the New classification for medium companies allowing them to escape excessive reporting requirements. In addition, all companies will benefit from a 25% reduction in reporting obligations, and for small and medium enterprises, the reduction will be 35%.
To complement these measures, the European Commission plans to strengthen the single capital market and develop a common platform for the acquisition of critical raw materials.
