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Google pledges 25 million euros to boost AI skills in Europe
Global Banking & Finance Review®
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By Martin Coulter
LONDON (Reuters) – Google has pledged 25 million euros ($26.98 million) to help people in Europe learn to use artificial intelligence (AI).
Announcing the funding on Monday, the tech giant said it had opened applications for social enterprises and nonprofits that could help reach those most likely to benefit from training.
The firm will also run a series of “growth academies” to support companies using AI to scale their companies and has expanded its free online AI training courses to 18 languages.
“Research shows that the benefits of AI could exacerbate existing inequalities — especially in terms of economic security and employment,” said Adrian Brown, executive director of the Centre for Public Impact, which is running the nonprofit scheme alongside Google.
“This new program will help people across Europe develop their knowledge, skills and confidence around AI, ensuring that no one is left behind,”
Last month, Google announced it would invest $1 billion into building a data centre just outside of London, as it moves to meet growing demand for internet services in the region.
The data centre, located on a 33-acre (13-hectare) site bought by Google in 2020, will be located in the town of Waltham Cross, about 15 miles (24.14 km) north of central London, the Alphabet-owned, opens new tab company said in a statement.
($1 = 0.9265 euros)
(Reporting by Martin Coulter; Editing by Josie Kao)
Artificial intelligence (AI) refers to the simulation of human intelligence in machines programmed to think and learn. AI can perform tasks such as problem-solving, understanding natural language, and recognizing patterns.
A data center is a facility used to house computer systems and associated components, such as telecommunications and storage systems. It is essential for managing and processing large amounts of data.
A nonprofit organization is a type of organization that operates for a collective, public or social benefit, rather than to generate profit for owners or investors. They often focus on charitable activities.
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