ROME, May 30 (Reuters) - Italy's government plans to set up an investment fund backed by state lender Cassa Depositi e Prestiti (CDP) to promote startups investing in Artificial Intelligence (AI), cabinet undersecretary Alessio Butti said on Tuesday. The upcoming vehicle will "promote study, research and programming on AI in Italy," Butti said in a statement. Many experts say new regulations are needed to govern AI because of its potential impact on national security and education, as well as jobs. A government source told Reuters Rome planned to earmark around 150 million euros ($165 million) to launch the fund. CDP is expected to invest its own resources in the scheme through CDP Venture Capital, a fund with around 3.2 billion euros in assets under management.

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