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Europe at "Acute Risk of Marginalisation" Unless Billions in AI Funding Committed, Warns New Report

Summary by BizToc
Europe should commit to €100 billion in data centre spend, tripling its share of global computing power, and bring frontier AI expertise and technology into EU institutions, according to a new report by more than a dozen senior policymakers, economists and AI experts. The report, whose authors…

5 Articles

It does not necessarily need its own models: celebrities researchers and politicians around Monika Schnitzer, Wolfgang Ischinger and Yoshua Bengio have developed an AI strategy for Europe. Germany has a key role to play.

·Frankfurt, Germany
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The strategy paper is 200 pages strong: former politicians, economists and experts explain what to do so that not only China and the US determine artificial intelligence. Or, worse still, individual companies are in charge.

·Munich, Germany
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A coalition of leading economists, politicians and AI experts from Europe warns against a possible marginalisation of Europe in the international AI competition. As announced by the Ifo Institute on Monday, the group, including Nobel Prize winner Philippe Aghion and former EU Commissioner Margrethe Vestager, published a new strategy that proposes measures to secure Europe's position in the AI sector. The strategy sets out how Europe can secure a…

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Sueddeutsche Zeitung broke the news in Munich, Germany on Sunday, September 13, 2026.
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