Oct 21, 06:45 PM

Europe Faces Innovation Gap with US, China; Proposes €90B Investors Club to Boost Tech Funding

Recent discussions highlight Europe's urgent need to enhance its technological capabilities and bridge the innovation gap compared to the United States and China. Experts emphasize that Europe is lagging in areas such as venture capital funding and the commercialization of new technologies. A proposed €90 billion investors club aims to address this funding shortfall and support the development of artificial intelligence strategies within the EU. The overarching message is clear: Europe must take decisive action to either catch up with global tech leaders or risk falling further behind the technological frontier.

#Europe #United States #China #EU

Written with ChatGPT (GPT-4o mini).

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Paul Triolo@pstAsiatech
1 year ago
EU props up €90B investors club to plug tech funding gap "The EU is comparatively weaker than the U.S. and China with regard to the uptake, commercialization and scaling of new technologies."... https://t.co/NXnoKfB2cm
audai@audaiuk
1 year ago
Catch-up with the US or prosper below the tech frontier? An EU artificial intelligence strategy https://t.co/LzHEh0FWDa
FORTUNE@FortuneMagazine
1 year ago
Europe is falling behind other parts of the world when it comes to technology, whether that’s in venture capital funding or innovation. https://t.co/WqOqxVRXcl

Europe Faces Innovation Gap with US, China; Proposes €90B Investors Club to Boost Tech Funding

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