Finance

EU to invest $1.4 billion in artificial intelligence, cybersecurity and digital skills

Published by Global Banking and Finance Review

Posted on March 28, 2025

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BRUSSELS (Reuters) - The European Commission will invest 1.3 billion euros ($1.4 billion) in artificial intelligence, cybersecurity and digital skills through the Digital Europe Programme for 2025 to 2027, it said in a statement on Friday.

"Securing European tech sovereignty starts with investing in advanced technologies and in making it possible for people to improve their digital competences," European Commission digital chief Henna Virkkunen said.

($1 = 0.9281 euros)

(Reporting by Charlotte Van Campenhout; Editing by Kevin Liffey)

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