The Cloud and AI Development Act signals a regulatory direction for the EU as it aims to reduce dependency on US cloud providers. But Europe is walking a tightrope in balancing sovereignty concerns with a desire for openness.

By binding cloud services, AI and chips to Europe’s security and economic independence, the EU's new tech sovereignty plan edges the bloc closer to a power struggle with…

The Cloud and AI Development Act signals a regulatory direction for the EU as it aims to reduce dependency on US cloud providers. But Europe is walking a tightrope in balancing…