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France will "invest like crazy" into AI

France is pushing to become Europe's AI hub, competing with the UK and Germany, as President Emmanuel Macron pledges to "invest like crazy" in the technology. He believes France is currently the leader in AI in continental Europe but emphasized the need to accelerate.

The country aims to create two or three global AI leaders, relying on its startups for growth. While the US is currently dominating the AI space, France is seeking collaboration with the US on global regulation through the G7 group and the Organisation for Economic Co-operation and Development.

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Source: CNBC