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Ex-Google CEO Eric Schmidt backs €300m French AI lab but warns against AI Act

The AI lab based in Paris will carry out open research in the field of foundational AI models, such as those powering applications like ChatGPT, but may be subject to regulation from Brussels that could hinder European progress in AI.

“I’ve wanted to do this in France for a decade because it’s obvious that France should be a leader in this space.”

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ai, eric schmidt, paris