This week, the European Commission unveiled a new AI innovation package aimed at supporting startups and SMEs in developing trustworthy Artificial Intelligence (AI) that aligns with EU values and regulations.

The initiative builds on the political agreement reached in December 2023 on the EU AI Act, the world’s first comprehensive law governing AI, which fosters the growth of safe and ethical AI across Europe.

President von der Leyen’s 2023 State of the Union address outlined plans to open Europe’s supercomputers to AI startups to train reliable AI models. The November 2023 launch of the Large AI Grand Challenge provided financial aid and supercomputing access to AI innovators.

The new package expands these efforts, introducing measures such as privileged access to supercomputers for startups and the broader innovation community, ensuring Europe remains a leader in ethical AI development.

Read more.