Boosting Europe's Digital Edge: A Billion Euro Investment

The European Commission has announced a 1.3 billion euro investment in artificial intelligence, cybersecurity, and digital skills through the Digital Europe Programme for 2025-2027 to strengthen tech sovereignty and enhance digital competences.

The European Commission has unveiled plans to inject 1.3 billion euros into the Digital Europe Programme, focusing on artificial intelligence, cybersecurity, and digital skills over the next two years. This significant investment underscores the commitment to enhancing Europe's technological capabilities.

Speaking on the initiative, European Commission digital chief Henna Virkkunen emphasized the importance of securing technological sovereignty through advanced technologies and by equipping people with essential digital skills. This move aims to bolster the continent's competitiveness on a global scale.

With a foreign exchange rate of $1 equaling 0.9281 euros, this investment reinforces the EU's strategic priority to remain at the forefront of the digital revolution, providing not only economic benefits but also ensuring a robust digital foundation for future generations.

(With inputs from agencies.)