Every month, Innovative Initiatives highlights important news in digital in Luxembourg but also elsewhere in the world. The trends for August 2025 are as follows:
€44.3 million in tax credits for digital transformation – 68 companies, mostly in AI, benefited from a 18% tax credit on their digital investments.
Source: Luxembourg Times
70% of residents have used an AI tool – one third do so regularly, 20% several times a day, and more than 80% turn to ChatGPT.
Source: Paperjam
Luxembourg, European leader in R&D per capita – €759 invested per capita in 2024, almost three times the EU average.
Source: Luxembourg Times
Horizon Europe budget on the rise – The European Commission proposes to increase it to €175 billion from 2028–2034 via a Competitiveness Fund.
Source: Science Business
Google ready to sign the EU Voluntary Code for AI – New rules for high-risk models, with fines of up to €35 million or 7% of global turnover.
Source: TechCrunch
Find out more about the trends here: https://innovative-initiatives.public.lu/stories/monthly-trend-scanner-august-2025