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Daily Dashboard | EU considering $10.8B budget to bolster tech innovation Related reading: A regulatory roadmap to AI and privacy

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The European Commission announced the European Union is considering a $10.8 billion budget to bolster tech innovation within the member states, the Observer reports. The budget would go toward five areas, including creating data infrastructure systems to support various industries, developing artificial intelligence, boosting cybersecurity, digitizing government agencies, and promoting digital literacy, the last of which will be helped by $820 million of the proposed budget, according to European Commissioner for Digital Economy and Society Mariya Gabriel. “Our aim has been to make the EU budget fit for future challenges: digital transformation is taken into account across all proposals, from transport, energy and agriculture to healthcare and culture,” EU Digital Single Market Vice President Andrus Ansip said.
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