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    EU Aims to Remove Barriers to AI Development

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiApril 9, 2025No Comments2 Mins Read
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    EU Aims to Remove Barriers to AI Development
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    EU Aims to Remove Barriers to AI Development

    The European Commission (EU) said it had launched a strategy on Wednesday to remove barriers to the use of Artificial Intelligence (AI) and better equip Europe’s companies for global competition.

    At the presentation of its new AI strategy, the Brussels authority announced that it would simplify rules, promote investment and massively expand the establishment of its own data centres.

    The aim of the AI Continent Action Plan was to “transform Europe’s strong traditional industries and its exceptional talent pool into powerful engines of AI innovation and acceleration,’’ according to a statement released.

    There has been criticism from the tech industry that European regulations such as the AI Act were too bureaucratic and hostile to innovation. One focus of the new strategy is on infrastructure and data centres.

    The commission called on member states to apply for the construction of so-called AI gigafactories to train particularly powerful AI models.

    A total investment of 20 billion euros (22 billion dollars) is to be earmarked for this purpose. According to the Brussels authority, only 13.5 per cent of companies in Europe currently use AI technologies, a figure the commission wants to increase significantly.

    So far, the EU has lagged behind China and the U.S. in AI technologies, for example. Germany’s outgoing digital minister, Volker Wissing, welcomed the plan and called for less bureaucracy and better investment conditions.

    The German AI Association on the other hand said the strategy had little new substance. “The European AI sector does not need any more announcements regarding previously known measures and small-scale individual strategies.

    “But it’s functional funding and award procedures that can keep pace with the speed of technological development,’’ said association head Jörg Bienert. #EU Aims to Remove Barriers to AI Development#

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    Ogochukwu Ndubuisi
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    Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

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