Euro zone firms use own cash for AI

Euro zone companies are funding artificial intelligence investments primarily through internal cash rather than borrowing. Data from the European Central Bank shows 72 percent of firms rely on retained earnings due to financial ecosystem barriers.

FILE PHOTO: The logo of the European Central Bank (ECB) is pictured outside its headquarters in Frankfurt, Germany, April 26, 2018. REUTERS/Kai Pfaffenbach/File Photo

Euro zone firms are funding artificial intelligence investments primarily through internal cash flow, contrasting with aggressive debt borrowing in the United States, according to European Central Bank data published Friday morning.

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