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EU announces deals on digital tech funding, health data
March 18, 2024, 7:29 p.m. | Masha Borak
Biometric Update www.biometricupdate.com
As the AI Act nears enactment, the EU is pouring money into the industry while regulating health data. Meanwhile, the EUDI Wallet is being received with some skepticism from fintech experts.
EU kicks off funding round for AI projects
The European Union is planning to invest €67.5 million (US$73.3 million) in supporting businesses working in the artificial intelligence sphere.
The AI-focused funding will support companies in preparation for the upcoming AI Act, including an AI innovation accelerator, coordinating on AI …
act ai act biometric r&d biometrics news data data sharing deals digital digital-identity digital wallets eu digital identity wallet europe european union experts fintech funding funding round government services health health data industry money patient identification planning projects skepticism tech wallet
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