AI Act could scare off investors

President Macron wants to bring France into a leading role in artificial intelligence – and is putting a lot of money into it. Private investors, on the other hand, are hesitant. They are uncertain about what the AI Act will mean for the industry.

The development, technology, training and operation of artificial intelligence devour enormous sums of money. Earlier this year, estimates circulated that Open AI was spending $700,000 per day just to operate ChatGPT. Training ChatGPT4 is said to have cost about $63 million. That makes investments in AI a bet with extremely high stakes. Microsoft has already invested billions in Open AI.

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