Published: 2:01am, 21 Sep, 2018 Updated: 12:59pm, 21 Sep, 2018
Around 2,100 AI researchers from 29 European countries are to collaborate , and are urging the EU to back them in their efforts to compete with the US and China . The latter countries have established AI strategies in recent years and are projected to capitalise on greater opportunities by benefiting most from the $ 15.8tn AI may contribute to the global economy by 2030 – an additional $ 7tn and $ 5 respectively for China and North America , compared to Europe 's $ 3 . They see similar strategic cohesiveness , and believe financial support for research and development centres can help them nurture and keep local AI talent .