May 17, 2024
Investment

Italian state lender to invest 1 billion euros in 5 years in AI

ROME (Reuters) – The venture capital arm of Italy’s Cassa Depositi e Prestiti (CDP) will invest 1 billion euros ($1.1 billion) over the next five years in artificial intelligence (AI) and cybersecurity, the state lender said on Monday. The government in March had announced its intention to set up an investment fund to promote projects

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