EU to back European alternatives to US dominated software and services in major push for ‘tech sovereignty’
- EU appears to be worried about US tech resilience and continuity amid ongoing tensions
- Data center capacity could triple in five to seven years due to streamlined processes
- Sovereignty washing would also be ironed out with stricter framework
We're already familiar with years of antitrust investigations and strict regulation in the European Union, and critics have argued the Commission has imposed hefty fines and penalties on foreign tech vendors to promote European tech sovereignty in recent years.
However now, the European Commission has taken this one step further and will now be actively funding and promoting European tech alternatives.
This comes amid growing geopolitical tensions and fears that the US could restrict or suspend European access to critical digital infrastructure that's sold by American tech vendors.
The Financial Timesreports on a draft European tech sovereignty strategy, which reveals the EU wants to "reclaim its place in the global race...
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