Europe is making a bold play to attract American academic researchers as President Donald Trump slashes funding to top U.S. universities and cracks down on international scholars, The Hill reported.

French President Emmanuel Macron and European Commission President Ursula von der Leyen on Monday announced that Sorbonne University will invest millions to lure scientists to European institutions.

The “Choose Europe for Science” program will invest 500 million euros, or $566 million, from 2025 to 2027 to “help support the best and the brightest researchers and scientists from Europe and around the world.”

“Nobody could imagine a few years ago that one of the great democracies of the world would eliminate research programs on the pretext that the word ‘diversity’ appeared in its program,” Macron said, according to a French official’s translation.

Trump’s Department of Education has canceled contracts with universities over diversity, equity and inclusion concerns and cut billions in research funding, including at Harvard and Princeton. He has also called for revoking Harvard’s tax-exempt status.

“What a gigantic miscalculation!” von der Leyen said, according to the Times, as hundreds of international students and faculty have had visas revoked under Trump.

The White House said the U.S. remains the world’s largest funder of research.

Read more at The Hill.