Tag #Tech Sovereignty

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politico.eu

🌐 85% Global Worthiness

May 24, 10:09

EU to Launch Fund to Boost AI and Quantum Companies, Counter U.S. Dominance

The European Commission plans to create a new Scaleup Europe Fund in 2024 to invest in AI and quantum companies needing over €100 million, aiming to counter U.S. tech dominance and streamline company setup to potentially two days.

EU to Launch Fund to Boost AI and Quantum Companies, Counter U.S. Dominance

The European Commission plans to create a new Scaleup Europe Fund in 2024 to invest in AI and quantum companies needing over €100 million, aiming to counter U.S. tech dominance and streamline company setup to potentially two days.

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Industry, Innovation, and Infrastructure

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How will the EU's new Scaleup Europe Fund directly impact the competitiveness of European AI and quantum companies compared to their U.S. counterparts?

The European Commission will launch the Scaleup Europe Fund next year to invest in AI and quantum companies, addressing a funding gap hindering European tech scaling. This initiative aims to bolster the EU's economic security and technological sovereignty by countering U.S. dominance and preventing the loss of critical technologies.

politico.eu

🌐 85% Global Worthiness

Mar 17, 19:17

100+ European Firms Urge EU to Prioritize Homegrown Tech

Over 100 European companies, including Airbus and Dassault, are pushing the European Commission to prioritize homegrown technology in its digital infrastructure to reduce dependence on the U.S., citing worsening EU-U.S. relations and proposing a "Buy European" strategy and a sovereign infrastructure...

100+ European Firms Urge EU to Prioritize Homegrown Tech

Over 100 European companies, including Airbus and Dassault, are pushing the European Commission to prioritize homegrown technology in its digital infrastructure to reduce dependence on the U.S., citing worsening EU-U.S. relations and proposing a "Buy European" strategy and a sovereign infrastructure...

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Industry, Innovation, and Infrastructure

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How does Europe's current reliance on U.S. technology contribute to the concerns raised in the letter, and what specific examples are given?

The letter highlights Europe's significant reliance on U.S. technology, particularly in cloud services (over two-thirds of the market) and microchips (10 percent of global market share). This dependence is seen as a vulnerability, prompting calls for a continent-wide strategy to develop European alternatives.

abcnews.go.com

🌐 85% Global Worthiness

Apr 30, 19:21

Microsoft Vows to Fight US Data Center Shutdown Orders, Expands European Operations

Microsoft announced it will legally challenge any US government order to halt its European data center operations and is investing tens of billions of dollars annually to expand data center capacity by 40% over two years in 16 European countries to address concerns about transatlantic tensions and c...

Microsoft Vows to Fight US Data Center Shutdown Orders, Expands European Operations

Microsoft announced it will legally challenge any US government order to halt its European data center operations and is investing tens of billions of dollars annually to expand data center capacity by 40% over two years in 16 European countries to address concerns about transatlantic tensions and c...

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Industry, Innovation, and Infrastructure

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How do recent geopolitical tensions between the US and Europe influence Microsoft's business strategy in Europe?

This commitment follows President Trump's actions, including tariffs and policy changes, which have increased transatlantic tensions. Microsoft's actions aim to reassure European governments and businesses, especially amidst growing calls for European tech sovereignty. The expansion also demonstrates Microsoft's intent to maintain its market share in Europe despite geopolitical uncertainties.

lexpress.fr

🌐 85% Global Worthiness

Mar 12, 19:13

EU Investigates Big Tech for Algorithm Bias, Protecting Elections

The EU is investigating X, TikTok, and Meta for potential manipulation of public opinion through algorithms, formal proceedings against X started in December 2023, and the DSA is being used to ensure large online platforms mitigate risks to users and elections.

EU Investigates Big Tech for Algorithm Bias, Protecting Elections

The EU is investigating X, TikTok, and Meta for potential manipulation of public opinion through algorithms, formal proceedings against X started in December 2023, and the DSA is being used to ensure large online platforms mitigate risks to users and elections.

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Peace, Justice, and Strong Institutions

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How is the European Union addressing concerns about the impact of social media algorithms on democratic processes, particularly concerning elections and public discourse?

The EU is investigating X, TikTok, and Meta for potential risks to civic discourse and elections, stemming from algorithm-driven content prioritization. Formal proceedings against X began in December 2023, focusing on transparency and algorithm influence on public opinion. The DSA mandates risk assessment and mitigation by large online platforms.

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