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Euronews
Euronews
Roselyne Min

EU companies risk falling behind in AI race due to underinvestment and old systems, report warns

European companies are at risk of falling behind in the artificial intelligence (AI) race, according to a new analysis that says they are being dragged down by years of underinvestment and outdated systems.

The report from the American technology company Cisco found that many European organisations lack the technical and financial foundations to scale up AI effectively.

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