Huawei to invest 100 mn euros for AI

Huawei has announced an investment of 100 milion euros in the next five years for developing AI ecosystem program in Europe.

Jiang Tao, VP – Intelligent Computing said, “Huawei is committed to investing in the AI computing industry in Europe, enabling enterprises and individual developers to leverage the Ascend AI series products for technological and business innovation. Over the next five years, Huawei plans to invest 100 million euros in the AI Ecosystem Program in Europe, helping industry organizations, 200,000 developers, 500 ISV partners and 50 universities and research institutes to boost innovation.”

First, Huawei will work with partners to shape the AI industry in Europe. The company will collaborate with organizations in three areas: Improve regulations and standards on AI ethics and security together with the European AI Alliance and European Telecommunications Standards Institute (ETSI) and nurture the AI university ecosystem in Europe through academic platforms, like the Falling Walls Foundation; Huawei will develop joint solutions with ISV partners; and Based on the Ascend Developer Community, Huawei will organize offline technological salons and developer contests, and provide technological support to enable developers.

In addition, Huawei will establish joint labs with partner universities and research institutes for algorithm model development and basic applications.

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