1147 GMT - The European Union has its sights on "game changing" data initiatives in five high-value AI sectors including health, transport, agriculture, advanced manufacturing, and defense and space, European Commission President Ursula von der Leyen says in a speech in Strasbourg. She says that Europe does not need to be a hub of developing frontier artificial intelligence technology to draw the best value from it, adding that industries in the bloc are sitting on valuable data other companies can use. "These data are a precious European treasure. They are what can power tailor-made industrial AI models," she says. The commission will announce those initiatives in November, she adds.