France planning to invest €1.5 billion in artificial intelligence by 2022
France is going to invest more than €1.5 billion ($1.85 billion) into artificial intelligence (AI) R&D from 2019 till 2022, as Élysée Palace presidency announced on Thursday. French President Emmanuel Macron announced his new AI development strategy at the Paris-based Collège de France research institute. Macron stressed that he does not want France to be behind other countries as he introduced the audience with new measures created to compete with the United States and China, the current global leaders in AI. He wants also to regulate the industry with additional measures.