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Hungarian government backs out of Mini-Dubai development

The Hungarian government authorized the city-owned BKM Zrt. to buy Rákosrendező, preventing a Dubai investment firm from developing a new neighborhood with Europe's tallest building. The decision allows BKM to purchase the land but does not specify the sale procedure.

Telex.hu 2025.02.04 05:04

Arte: Can Europe compete in the AI revolution?

The European Commission emphasizes that despite the success of Chinese DeepSeek and the competition between the US and China in AI, the EU is actively investing in supercomputing and innovation, being the first region to establish a legal framework for AI. The European media partnership EMOVE Hub, coordinated by ARTE, promotes a European programme available in 9 languages.

#European Union #artificial intelligence #investment #EMOVE Hub #European Commission

#investment (2 cikk)

Hungarian government backs out of Mini-Dubai development

Arte: Can Europe compete in the AI revolution?