If Europe does want to compete on a global AI stage, it needs to rise above the European Commission
By now we’ve all probably seen the sharp retort from NVDIA CEO Jensen Huang to being asked by German Chancellor Friedrich Merz what Europe needs to do to regulate the AI technology sector. Essentially his reply was, ‘What AI technology sector?’.
Yes, most amusing, Mr Huang - but the problem here is that he’s not entirely wrong.
Mind you, this isn’t anything new. Replace ‘AI’ with ‘tech’ and for decades the same question has been asked - why can’t Europe produce and hold onto a tech industry of its own? That last point is particularly important - Europe has no shortage of talent, good ideas, and promising start-ups. It’s just that in order to scale up, the overwhelming majority of them end up having to abandon their homelands and head for Silicon Valley and the welcoming embrace of venture capitalists ready to back their dreams.
Meanwhile Europe mourns its loss,...
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