A statement from the Ministry of Interior of the Kingdom states that €204.5 million ($222.07 million) has been set aside by the Dutch government for the development of artificial intelligence systems.
The National Fund for Economic Growth will oversee the distribution of funding, hoping to keep the nation from falling behind in the AI space.
The document’s proposed approach places a strong emphasis on utilizing generative technologies, such as ChatGPT, while reducing the danger of false information and job displacement.
Minister of Education, Culture, and Science Robert Dijkgraaf said, “Our focus is on nurturing and retaining AI talent to develop generative AI that aligns with Europe’s standards and values.”
In order to maintain its competitiveness in the field of generative artificial intelligence and LLMs, the government is also looking at investment opportunities in “large-scale scientific and technological infrastructure,” which includes supercomputers.
The field of artificial intelligence is growing quickly, and several nations are investing funds to further and improve AI initiatives.
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