13 Hrs
Source:
The Guardian
ECB’s Lagarde urges Europe to develop AI to avoid US or China restrictions
Christine Lagarde, President of the European Central Bank, emphasized the need for Europe to develop its own AI technology and increase domestic datacenter capacity to reduce dependence on the US and China. She warned that reliance on foreign AI models and infrastructure could give trade partners unprecedented leverage over Europe’s economy and data. Lagarde highlighted Europe's limited AI production compared to the US and China, and warned that a lack of investment could hinder growth and threaten economic independence.
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