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Italian government plans $10 billion investment into semiconductor industry in 2024

The Italian government plans around $10 billion investment into the semiconductor industry in 2024, plans to become one of the biggest in Europe.

Italy's Cabinet Outlines Framework, Investment for Artificial Intelligence

Italy's cabinet outlines framework, investment for Artificial Intelligence

Italy s cabinet approved a bill on Tuesday aimed at laying down ground rules for the use of Artificial Intelligence , earmarking investment in the sector and setting sanctions for AI-related. -April 23, 2024 at 02:53 pm EDT - MarketScreener

Italy's cabinet outlines framework, investment for Artificial Intelligence

Italy's cabinet outlines framework, investment for Artificial Intelligence

Italy's cabinet approved a bill on Tuesday aimed at laying down ground rules for the use of Artificial Intelligence (AI), earmarking investment in the sector and setting sanctions for AI-related crimes, ministers said. Prime Minister Giorgia Meloni has said AI will be among the key issues of Italy's presidency of the Group of Seven wealthy nations (G7), which lasts until the end of this year. A draft of the bill seen by Reuters after the cabinet meeting says Italy will establish a national AI strategy ensuring the instrument is applied "with respect for the autonomy and decision-making power" of human beings.