Speaking at the AI Action Summit in Paris, European Commission President Ursula von der Leyen said the initiative would be called InvestAI.

European Commission President Ursula von der Leyen delivers a speech during the plenary session of the Artificial Intelligence (AI) Action Summit at the Grand Palais in Paris, France, February 11, 2025.

The European Union will provide 50 billion euros ($51.6 billion) of EU funds to bolster the bloc's artificial intelligence ambitions, European Commission President Ursula von der Leyen said on Tuesday,

The euro edged higher on Monday as Germanys conservative CDU/CSU bloc secured 28.5% of the vote in the national election, followed by the far-right AfD at 20.5%, according to ZDF projections. Investors are now focused

Four supporters of the pro-Russian "Revival" party remain in custody following the protest in Sofia against Bulgaria’s accession to the eurozone. The demonstration escalated into violence, resulting in injuries to police officers and damage to the Europe House building,

The European Commission (EC) said on February 20 that it welcomes the political agreement reached the day before between the European Parliament and the Council of the European Union on the