EUROPEAN INVESTMENT BANK: EIB Group provides €150 million to support artificial intelligence companies
European Investment Bank issued the following announcement on Dec. 3. Today at the Web Summit 2020, the European Investment Bank Group (EIB Group) launched a new financing instrument to support artificial intelligence companies across Europe. The co-investment facility of up to â¬150 million will allow the EIB Group to invest alongside funds backed by the European Investment Fund (EIF) in companies that are active in the artificial intelligence (AI) sector and in technologies that directly complement AI, such as Blockchain, the Internet of Things and robotics. Europeâs artificial ...
Source: cistranfinance.com