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EU: EIT publishes report on emerging AI

The European Institute of Innovation & Technology ('EIT') published, on 19 January 2022, a report on Emerging AI and Data Driven Business Models in Europe. In particular, the EIT noted that the report contains the results of surveys and a desk research study, including:

  • mapping the artificial intelligence ('AI') landscape across Europe focusing on the area of national initiatives, regulatory frameworks, and ethical guidelines;
  • cross-EIT Innovation Communities ('KICs') survey with EIT AI partners and findings;
  • consolidation of various AI business models in Europe;
  • consolidation of EIT AI partners' perspective on AI benefit realisation; and
  • systematic mapping of AI applications across health, manufacturing, urban mobility, and climate in Europe.

In addition, the EIT stated that the report gives recommendations on how to streamline knowledge, experience, and expertise in AI deployment, as well as connect, share, and encourage an open innovation environment with policy leaders, industrial experts, and innovator communities.

You can read the press release here and report here.