US Vice President JD Vance speaks during a plenary session at the Artificial Intelligence (AI) Action Summit, at the Grand Palais, in Paris. Photograph: Ludovic Marin/Getty Images European companies and governments have announced plans to pump hundreds of billions of euro into the development of artificial intelligence (AI) technology, in an attempt to catch up with the United States and China. European Commission president Ursula von der Leyen said the European Union’s (EU) executive arm would put money towards Cern-style research facilities, with supercomputers to train large AI models and technology. In a speech at an AI summit in Paris,...