💡 Europe’s $200B vs. Baidu’s AI

What we’ll cover today:

✅ Europe’s $200B AI fund—Can it close the gap?

✅ Baidu’s Ernie 5 AI—The next big thing?

✅ Upcoming SaaS events you don’t want to miss!

Europe Joins the AI Race 🏃‍♂️🤖

Europe is investing big in artificial intelligence to catch up with the U.S. and China in the tech race.

🚨 Breaking News: The European Union is pouring €200 billion into AI development, aiming to boost innovation and compete globally.

⚡ Wire Simplified –

• The EU announced a €200 billion investment in AI, called InvestAI.

• This fund will help build large factories to train advanced AI models.

• France is also investing €109 billion to support AI growth.

• The goal is to speed up AI development while keeping things ethical and safe.

✔️ Straight to the Point –
Europe is stepping up its AI game with massive investments, aiming to catch up with global leaders while balancing innovation and safety.

Baidu's New AI Model Set to Impress 🧠🚀

Chinese tech company Baidu plans to launch a new AI model, Ernie 5, to stay ahead in the AI competition.

🚨 Breaking News: Baidu's upcoming Ernie 5 AI model will handle text, video, images, and audio, aiming for a late 2025 release.

⚡ Wire Simplified –

• Baidu is developing Ernie 5, an AI model with multimodal capabilities.

• The model can process and convert text, video, images, and audio.

• It's expected to launch in the second half of 2025.

• This move comes as competition in China's AI market heats up, especially with startups like DeepSeek making waves.

✔️ Straight to the Point –
Baidu is gearing up to release Ernie 5, a versatile AI model, to maintain its edge in the fast-evolving AI landscape.

TechCrunch SaaS 2025
A TechCrunch event showcasing the most innovative SaaS startups and their disruptive technologies.
Date: July 2025 | Location: San Francisco, CA, USA

Check it out here