Company
Date Published
Author
Ignaz Kowalczuk
Word count
353
Language
English
Hacker News points
None

Summary

ElevenLabs has joined over 60 European companies in launching the EU AI Champions Initiative, a coalition aimed at enhancing AI development and adoption across Europe. Announced at the AI Action Summit in Paris and supported by French President Emmanuel Macron and European Commission President Ursula von der Leyen, the initiative focuses on fostering collaboration between technology firms, industry leaders, and policymakers. With more than €150 billion allocated for AI investment, particularly in sectors where Europe excels such as manufacturing, energy, healthcare, and defense, the initiative seeks to simplify AI regulations, connect startups with larger industry players, and create an environment conducive to AI scalability. ElevenLabs, a global company with roots in Poland and a presence in the US and UK, has joined the initiative to support Europe's ambition to become a leading force in AI by promoting cooperation between businesses and policymakers.