_1777370074079_638186083.jpg){kind=small}
_1777370128958_532101311.png){kind=small}
Europe pursues sovereignty with new tech laws
The European Union is aiming to strengthen its technological sovereignty by introducing new laws covering chips, cloud computing, and artificial intelligence, with the goal of reducing dependence on American companies and encouraging local manufacturing. The legislative package includes tools to boost demand for European chips and regulate supply chains, emphasizing fair competition and avoiding protectionism or isolation. This comes as part of Brussels' efforts to address the high reliance on American technology, especially amid concerns that American companies control 70% of the European market.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)