TL;DR CNBC

Tech giants are investing in 'sovereign AI' to help Europe cut its dependence on the U.S.

Publishing timestamp: 2024-11-14 06:08:47

Summary

Tech giants are investing in "sovereign" AI models to boost competitiveness by focusing on local infrastructure. This concept involves storing data within a specific jurisdiction to ensure results are grounded in local language and culture. European countries are pushing for AI sovereignty to reflect their values and language, with regulations like GDPR catalyzing interest in localized AI infrastructure. Companies like Orange are exploring partnerships to develop smartphone-based "sovereign AI" models that accurately reflect local language and culture.

Sentiment: MIXED

Tickers: NVDA,  ORA-FR, 

Keywords: nvidia corp,  breaking news: technology,  orange sa,  business news,  technology, 

Source: https://www.cnbc.com/2024/11/14/tech-firms-invest-in-sovereign-ai-to-cut-europe-dependence-on-us-tech.html