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Τhe cost of the project amounts to € 22.8 million (including VAT € 28.27 million) and the duration of the project is set at 30 months from the date of signing the contract.
The acquisition comes off the back of the firm’s recent purchase of a senior living property in central Toulouse.
The Institute aims to advance the state of the art of Artificial Intelligence (AI) and computing at large through open research.