Anonymous10 days ago
The European Commission launched its most ambitious tech sovereignty package yet on June 3, 2026, combining the Chips Act 2.0, Cloud and AI Development Act, and an Open Source Strategy to reduce dependence on US digital infrastructure. But with the top five US tech firms spending $279 billion annually on R&D alone — dwarfing the EU's scattered funding instruments — and European cloud providers holding just 15% of their own market, the gap between Brussels' ambitions and Europe's structural dependencies raises hard questions about cost, feasibility, and who bears the risk if the strategy backfires.