When it comes to #GlobalGateway investments in infrastructure, our top priority is energy.
#TeamEurope will support Africa by:
๐ท increasing renewable energy capacity,
๐ท better access to reliable energy,
๐ท promoting sustainable energy use.
#TeamEurope will provide funding and support for ongoing projects, electricity interconnections & transmission lines across countries, setting up the Africa Single Electricity Market.
๐ข Partnerships with countries championing energy transition.
The objective is to decarbonise the energy mix, including by phasing out coal, optimising the share of transitional sources of energy and investing in renewable energies as well as energy efficiency.
What if the next big AI breakthrough came from Europe?
Today we announced an ambitious AI Continent Action Plan to make this happen โ
Our plan includes:
๐ญ 13 AI Factories to drive innovation, connecting universities, startups, industry, and policymakers. These hubs will bring together top talent, high-quality data, and powerful computing.
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๐ The EU will also set up AI Gigafactories with 100,000 state-of-the-art AI chips โ four times more than current AI factories.
๐ Data Labs will curate large, high-quality data.
๐ฏ We are launching the Apply AI Strategy to boost industrial use in EU sectors.
We want technologies and products to be created, manufactured and marketed in Europe.
And we must act now.
Our new Competitiveness Compass is the plan for Europeโs productivity and growth. โ๐งต
#madeinEurope
In the next five years, weโll work on aligning all European, national and local efforts to supercharge sustainable prosperity and growth.
First, we will drive productivity through innovation.
How?
โ Supporting start-ups and conditions for scaling up
โ Building a deeper, more efficient venture capital market
โ Easing talent mobility and retention
โ Investing in state-of-the-art infrastructure
โ Boosting research & innovation