France to spend 1.5 bn euros on artificial intelligence by 2022 - Cyprus Mail

The investment is part of an AI strategy laid out by President Emmanuel Macron at the elite College de France research institute in Paris, the French presidency said. The goal is to make better use of the French higher education system that trains computer engineers and mathematicians only to see them leave for jobs at top U.S. tech companies. Some of them have secured high-level positions at Alphabet, the parent company of search engine Google, and Facebook, which opened an AI research centre in Paris in 2015. Macron's AI plan was inspired by a government-commissioned report by Cedric Villani, the self-styled "Lady Gaga of Mathematics" and winner of the mathematics equivalent of the Nobel Prize. Villani, who is also a lawmaker in Macron's party, said in the report the brain drain to Silicon Valley companies showed the excellence of French schools.