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-0.000415454923140855 -6.92424871902737E-05 -0.000900152333471984 -0.000623182384711282 0.00124636476942237 0.00110787979504221 0.000900152333471787 0.00463924664173928
Stock impact report

UPDATE 1-EU targets 20 billion euro investment in AI to catch up with US, Asia [Reuters]

International Business Machines Corporation (IBM) 
Last international business machines corporation earnings: 4/20 04:08 pm Check Earnings Report
US:NYSE Investor Relations: ibm.com/investor
Company Research Source: Reuters
UPDATE 1-EU targets 20 billion euro investment in AI to catch up with US, Asia | Reuters Reuters Staff 3 Min Read (Changes headline, lead, adds IBM comment) By Julia Fioretti BRUSSELS, April 25 (Reuters) - The European Union is targeting 20 billion euros ($24.36 billion) of investment in artificial intelligence by 2020 to catch up with Asia and the United States, which are each investing at least three times more than Europe. Artificial intelligence promises to revolutionise sectors from healthcare to transport to agriculture and Europe is keen not to be left behind in the digital race. The Commission, the EU executive, will boost its investment in artificial intelligence by about 70 percent to 1.5 billion euros ($1.83 billion). It wants total private and public investment in AI to reach at least 20 billion euros by the end of 2020 to ensure the bloc retains competitiveness and does not face a brain drain. In 2016 European private investments in AI totalled around 2.4-3.2 billion euro Show less Read more
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