Prime Minister Giorgia Meloni first announced the plan for a dedicated AI fund last month.

CDPs venture capital arm will provide the capital, divided into three areas.

The remaining 120mn will target the technology transfer from university research to market.

Italy sets up €1B AI fund, mulls new penalties for the tech’s misuse

40% off TNW Conference!

This is the compass that has guided and will continue to guide our work, at all levels.

Among the offences are money laundering, market rigging, and copyright infringement.

Ioanna Lykiardopoulou

Its still unclear when and if the law will enter into force.

Story byIoanna Lykiardopoulou

Ioanna is a writer at TNW.

With a background in the humanities, she has a soft spot for social impact-enabling technologies.

Also tagged with