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 include a former EU Commission executive vice-president and a French Nobel laureate, warns that Europe risks being left irreversibly beholden to a handful of foreign governments and individuals if it does not put AI infrastructure on European soil.
The report, called Transformative AI Strategy for Europe, which can be read here, outlines recommendations to ensure that Europe can thrive in the new AI era.
It comes amid calls that Europe needs to build up its sovereign AI offering and become less reliant on US and Chinese technology.
The report’s key recommendations include Europe committing €100 billion to triple Europe’s computing capacity from five per cent to 15 per cent by 2030 - and attracting €1.5 trillion from private investors; launching a new Member State Alliance for AI supply chain security; and ensuring that AI threats are built into crisis preparedness plans.
