Skip to main content
Join this collection

Commission launches an AI innovation package to support Artificial Intelligence startups and SMEs

The Commission’s new package to support European startups and SMEs

Published on: 26/02/2024 News

The Commission has launched a package of measures to support European startups and SMEs in the development of trustworthy Artificial Intelligence (AI) that respects EU values and rules.

This follows the political agreement reached in December 2023 on the EU AI Act, which will support the development, deployment and take-up of trustworthy AI in the EU.

AI pic

The Commission launched in November 2023 the Large AI Grand Challenge, a prize giving AI startups financial support and supercomputing access. Today's package puts this commitment into practice through a broad range of measures to support AI startups and innovation, including a proposal to provide privileged access to supercomputers to AI startups and the broader innovation community.

Related links:

Full press release

State of the Union address