On Wednesday, the German government announced that it would nearly double its funding for artificial intelligence research.
This means that Germany on its own is drawing level with the funds pledged by the EU.
The European Commission has also committed 1bn to AI research per year through the Horizon Europe program.
The increased funding was presented along with Germanys Artificial Intelligence Action Plan by Federal Research Minister Bettina Stark-Watzinger.
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Figures for public spending in China are notoriously tricky to pin down.
Furthermore, it laid out plans to tighten the screening process for Chinese FDI.
We have AI that is explainable, trustworthy and transparent, Stark-Watzinger said.
Thats a competitive advantage.
Indeed it is, if you have the intention of using it somewhere affected by forthcoming artificial intelligence regulation.
Story byLinnea Ahlgren
Linnea is the senior editor at TNW, having joined in April 2023.
Dabbles in gaming and fitness wearables.
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