FAZ: Millions for AI
Frankfurt should get a competence center for Artificial Intelligence. Tarek Al-Wazir, minister for economic affairs, describes his plans for Frankfurt and the economic region.
In that way, Frankfurt will catch up with China, United States, Russia and the UK that have started in investing in AI at a much earlier stage. The competence center will bring together technology companies, universities and public organizations.
Frankfurt as a hub for AI has a locational advantage since a lot of companies from the financial sector or research facilities are located in that area, e.g. arago GmbH as a pioneer in the field of AI.
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