The French government will use algorithms and artificial intelligence to identify small businesses at risk of collapse in the wake of the Covid pandemic and allocate up to € 3 billion ($ 3.7 billion) to protect them.

https://www.bloomberg.com/news/articles/2021-06-01/france-deploys-ai-in-eu3-billion-plan-to-save-small-businesses

A state-funded Artificial Intelligence (AI) institute in Beijing unveiled the world's most advanced natural language processing (NLP) model on Monday, surpassing that of Google and OpenAI as China seeks to increase its technological competitiveness on the world stage.

https://www.scmp.com/tech/tech-war/article/3135764/us-china-tech-war-beijing-funded-ai-researchers-surpass-google-and

The financial outlook for the global Artificial Intelligence market looks pretty good in 2021.

https://thenextweb.com/news/global-ai-market-predicted-1-trillion-2028

Eric Schmidt, who heads a US government initiative to integrate AI into national security, warned on Monday that the EU's AI transparency requirements were "very harmful to Europe".

https://www.politico.eu/article/ex-google-boss-eu-risks-setback-by-demanding-transparent-ai/

Cruise LLC, the autonomous vehicle company majority-owned by General Motors, has called on President Joe Biden to support efforts to accelerate thousands of self-driving cars on U.S. roads, saying the country is risking behind China lagging behind, as evidenced by a previously unreported letter from Reuters.

https://www.autonews.com/mobility-report/cruise-urges-biden-back-autonomous-vehicle-deployment-boost

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