Curious about the EU's approach to AI development, excluding trust, safety, and regulation aspects. Besides Mistral AI, what are the main efforts to compete with the US and China? Also, how crucial is the venture capital scene in this mix?

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Apart from Mistral AI, the EU is boosting AI development through initiatives like AI4EU and the European AI Alliance. To compete with the US and China, fostering a robust venture capital scene is crucial for attracting investments in AI innovation.