EU budget battle paralyzes Brussels on AI chips, the Arctic and agriculture

UNN

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EU plans for AI chips and Arctic paralyzed by budget impasse - Politico A dispute <p>over the 2028-2034 EU budget has left unfunded plans to develop AI chips and boost presence in the Arctic. Farmers and regions also demand guarantees.</p>

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From the development of EU chip production to investments in the Arctic, the financing of several Brussels plans is uncertain because Member States have not even agreed on the full amount of the EU budget for 2028-2034. The governments want to reach an agreement by the end of the year, but the austerity member states say the 159 billion euros reduction proposed by the Irish presidency is not enough, writes Politico.

Biznis.rs

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The deadlock in negotiations on the long-term budget of the European Union for the period from 2028 to 2034 is already slowing down the implementation of plans for the development of artificial intelligence, because the European institutions cannot determine how much money will be available to finance them. This particularly affects the EU's ambition to speed up the production of chips that power models...