What is the EU’s Cloud Sovereignty Framework and will it be enough?
Chips from Taiwan, oil from the Persian Gulf, and cars from Germany – what was long taken for granted is now being called into question all over the world. Where markets and expertise are concentrated among a few providers, enormous economies of scale arise.
At the same time, however, dependencies also grow – often with risks that only become apparent when supplies fail, prices rise, demand evolves, policies change, or individual players begin to monopolize the market.
Take AI, for example – according to research institute, Epoch AI, only two notable AI models have emerged in Europe over the past twenty years compared to 50 in the US and 30 in China. The technology has moved so quickly that the repercussions of this imbalance are only just beginning to be felt in European markets.
CTO of DE-CIX.
Is Europe becoming too dependent?
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