{"id":231391,"date":"2025-10-29T04:30:15","date_gmt":"2025-10-29T04:30:15","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/231391\/"},"modified":"2025-10-29T04:30:15","modified_gmt":"2025-10-29T04:30:15","slug":"eu-in-talks-with-backers-for-e5-billion-scale-up-fund-for-ai-quantum-chips","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/231391\/","title":{"rendered":"EU in Talks With Backers for \u20ac5 Billion Scale-Up Fund for AI, Quantum, Chips"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">Sweden\u2019s billionaire Wallenberg family is among the first potential anchor investors for a <a href=\"https:\/\/www.bloomberg.com\/quote\/345300Z:BB\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">European Union<\/a> fund that will back companies working on quantum computing, artificial intelligence, and other strategic technologies. <\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">Eight potential backers, including <a href=\"https:\/\/www.bloomberg.com\/quote\/2255112D:SS\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">Wallenberg Investments AB,<\/a> met with the EU\u2019s executive arm \u2014 the <a href=\"https:\/\/www.bloomberg.com\/quote\/0629846D:BB\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">European Commission<\/a> \u2014 and the <a href=\"https:\/\/www.bloomberg.com\/quote\/654429Z:LX\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">European Investment Bank<\/a> on Tuesday to discuss investing in the <a href=\"https:\/\/www.bloomberg.com\/quote\/345300Z:BB\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">European Union<\/a>\u2019s Scaleup Europe Fund, according to a commission <a href=\"https:\/\/ec.europa.eu\/commission\/presscorner\/detail\/en\/qanda_25_2530\" title=\"EC statement\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">statement<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":"Sweden\u2019s billionaire Wallenberg family is among the first potential anchor investors for a European Union fund that will&hellip;\n","protected":false},"author":2,"featured_media":231392,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[554,733,4308,3602,591,93384,63524,1086,4342,1668,86,56,54,55,98179,5351],"class_list":["post-231391","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-denmark","tag-europe","tag-european-innovation-council","tag-fund-manager","tag-investing","tag-quantum-computing","tag-sweden","tag-technology","tag-uk","tag-united-kingdom","tag-unitedkingdom","tag-wallenberg-investments-ab","tag-wealth"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/231391","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=231391"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/231391\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/231392"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=231391"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=231391"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=231391"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}