EU unveils tech sovereignty package to cut reliance on US, Chinese suppliers

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EU unveils tech sovereignty package to cut reliance on US, Chinese suppliers

AI Summary

The European Union announced a tech sovereignty package aiming to reduce dependency on US and Chinese suppliers. The initiative includes draft legislation like Chips Act 2.0, a Cloud and AI Development Act, an Open Source Strategy, and plans to digitalize the energy system.

The package bundles two draft laws — a Chips Act 2.0 and a Cloud and AI Development Act (CADA) — alongside an Open Source Strategy and a roadmap for digitalizing the energy system.

Politics Markets Deals AI & Tech Energy EU tech sovereignty Chips Act 2.0 Cloud and AI Development Act Open Source Strategy energy digitalization US China

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