2 min readNew DelhiNov 15, 2026 03:17 PM ISTIn 2024, Europe adopted the world’s first comprehensive law for artificial intelligence. (File photo)AI Narration Listen 00:000.5x0.75x1x1.25x1.5x2xEuropean Union leaders gather in Dublin on Friday for their first ever summit on artificial intelligence, to debate how the bloc can catch up with the United States and China and tackle funding issues and other problems.The meeting comes amid mounting worries about a technology that promises to transform industries and societies but in recent months has caused alarm after a series of incidents involving rogue AI agents. There was further turmoil this week with the resignation of Nvidia CEO Jensen Huang, leaving the industry without its biggest champion.Leaders in Dublin will also assess how to overcome other problems such as red tape and set guardrails.“Given the rapid pace of AI development, I believe that a first dedicated discussion, at leaders’ level, is now needed on the opportunities presented by AI, as well as on its transformative effect on our economies and societies,” European Council President Antonio Costa wrote in an invitation letter to EU leaders last week.Mistral AI chief executive Arthur Mensch and Nobel Prize-winning AI pioneer Geoffrey Hinton will brief EU leaders.Europe will have to ramp up its efforts if it is to be an AI player. An initiative known as the Chips Act implemented three years ago looks likely to fall short of its goal to attract advanced manufacturing and double the bloc’s share of the global chip market to 20% by 2030.A plan to build seven artificial intelligence gigafactories to house advanced AI processors, software, cloud technology, high-speed connectivity and data centres under one roof has yet to fully take off due to the fight among EU countries over spending on competitiveness in the bloc’s 2028-2034 budget.Story continues below this adIn addition to AI, leaders are also set to discuss Ukraine, which has since been added as a second major topic to the agenda, a day after US envoys Steve Witkoff and Jared Kushner flew into Dublin to meet Ukrainian President Volodymyr Zelenskiy following talks with Russian President Vladimir Putin in Moscow.EU leaders are likely to discuss European involvement in peace negotiations and potential security guarantees the EU could offer in the event of a ceasefire, a senior EU official said.© IE Online Media Services Pvt Ltd Tags:artificial intelligenceEuropean Union (EU)AdvertisementLoading Recommendations...Nov 15: Latest News01The Jadeja connection: How Jamnagar shaped Mohit Ulva, India U-19’s unlikely hero02Step inside Varun Dhawan’s 4BHK Juhu home: Black-and-white interiors, vintage lights and warm wood03Mohit’s the man: Number ten ends Pak’s reign as India become U-19 Asian champs04Your passport is valid, but you could still be denied boarding: here’s why0519,000+ entrepreneurs, 5 months, 450 trainings: Delhi govt on MSME focusAdvertisementLive BlogIndia Vs New Zealand Live Score, 5th ODI: NZ 183/9 vs IND in Mount Maunganui4 minutes agoNvidia CEO Jensen Huang News Live Updates: Former Nvidia CEO Jensen Huang misled top executives over affair, report says19 minutes agoRamayana Part 1 box office collection Day 10 Live Updates: Ranbir Kapoor, Yash film eyes 2027 release in China, Russia, Japan, South Korea24 minutes agoIndia News Live Updates, 15 November 2026: Two cattle smugglers killed in police encounter in Haryana’s Nuh57 minutes agoWorld News Updates: Maldives moves to make ban on Israeli passport holders permanent4 days agoAdvertisement