- News
- January 27, 2024
NeuroBlock and the Boost from New EU AI Legislation: Capitalizing on the 4 Billion Euro Investment
NeuroBlock Foundation
The European Commission’s recent initiative to bolster the development of trustworthy Artificial Intelligence (AI) aligned with EU values marks a significant leap not just for the tech sector but especially for NeuroBlock. The enactment of the EU AI Act, the world’s first comprehensive AI legislation, ushers in an era of exceptional opportunities, particularly for projects like ours.
This legislation emphasizes the need for ethical and reliable AI, a foundation upon which NeuroBlock has built its platform. With the anticipated access to European supercomputers for training AI models, NeuroBlock is positioned to enhance its innovation, thereby improving the efficiency and precision of our technology. This access to cutting-edge technological resources allows NeuroBlock to scale and enhance its AI capabilities, reaffirming our market leadership.
The establishment of “AI Factories” within the EuroHPC framework is a substantial boon for NeuroBlock. With this infrastructure, we can carry out machine learning and AI model training more effectively, a crucial step for our ongoing development. The democratization of access to this advanced technology ensures that we continue to lead in innovation.
Most notably, the European Commission’s financial commitment, announcing an additional investment of around 4 billion euros until 2027 through programs like Horizon Europe and Digital Europe, focused on generative AI, is a significant boost for startups like NeuroBlock. This financial support provides a unique opportunity for us to accelerate our growth and strengthen our market position.
Additionally, the AI Office within the Commission ensures a coherent and fair regulatory framework, perfectly aligning with our commitment to adhere to strict standards of ethics and privacy in AI. This regulated environment allows us to focus on innovation and development while maintaining the trust of our users and business partners.
The strengthening of the European common data spaces also directly benefits NeuroBlock, as access to a diversified data set is key to enhancing the accuracy and functionality of our platform. This allows us not only to refine our existing services but also to explore new AI applications and solutions.
In summary, the measures announced by the European Commission not only support our mission at NeuroBlock but also provide us with the necessary tools and financial backing to scale our operations and reaffirm our commitment to ethical and advanced AI. With this new era in European AI and substantial financial backing, we are excited to lead the way, seizing these opportunities to expand our vision and services at NeuroBlock.