EU Plans To Set Up A US $ 825 Billion Fund To Increase Investment In 5G And 6G Communications

- Jun 01, 2020-

EU Plans To Set Up A US $ 825 Billion Fund To Increase Investment In 5G And 6G Communications

 

According to foreign media sources, on May 27 (Wednesday) local time, the European Commission proposed the establishment of an economic recovery fund of up to 750 billion euros, a contract of 825 billion US dollars, and increased investment in many technological fields such as 5G, 6G and artificial intelligence. This move aims to achieve economic recovery from the epidemic through investment in science and technology, and to enhance competitiveness in key science and technology fields. A

 

EU Plans To Set Up A US $ 825 Billion Fund To Increase Investment In 5G And 6G Communications

Reports show that the proposed fund includes increased investment in 5G and 6G network communications, which will benefit medical, education, transportation, logistics, media and other fields. In addition, it also includes investment in information technology fields such as artificial intelligence, network security, communication security, data and cloud infrastructure, supercomputers, quantum computing, and blockchain. At present, the specific investment amount in various fields is not yet clear.

 

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