Europe must act fast if it wants to compete in the AI ‘arms race’

At the start of the year, Brexit and the fast-approaching US presidential election were dominating the media agenda. In more recent months attention has, of course, turned to coronavirus. But under the surface, a long way from TV reports and newspaper headlines, an important global movement is underway: the race for AI supremacy.

The battle to achieve major breakthroughs in artificial intelligence (AI) and its applications has to date been dominated by two leading tech powerhouses. With geopolitical power and economic transformations as the ultimate goal, the US and China have led the charge in developing AI.