Italy launches billion-euro AI fund. Prime Minister Giorgia Meloni: AI will be a priority of the Italian G7 presidency this year.

Rome hopes to work towards creating a toolbox for the ethical and human-centered development and use of all AI systems in the public domain. Italy is also seeking to develop “ appropriate voluntary monitoring mechanisms ” for a non-binding code of conduct adopted by the G7 last year for companies developing the most advanced AI systems. The rapid development of AI has become a cause for concern.