Brussels, June 4:
The European Union has announced a major initiative aimed at strengthening its own technology sector and reducing dependence on foreign digital giants. The plan focuses on expanding European capabilities in artificial intelligence, cloud computing, data infrastructure, and semiconductor production.
EU officials say the strategy is designed to enhance digital independence, improve cybersecurity, and ensure that critical technologies remain under European control. The initiative includes support for local technology companies, investment in advanced research, and measures to encourage the adoption of Europe-based digital services.
The move comes amid growing concerns over the dominance of a handful of global technology firms in key sectors such as cloud services, AI development, and data management. European policymakers argue that greater self-reliance is essential for economic security and long-term competitiveness.
If implemented, the strategy could reshape the continent’s digital landscape, create new opportunities for European innovators, and intensify competition in the global technology market.
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