The Prague Post - Europe looks to catch up with US in AI race at German digital summit

EUR -
AED 4.308371
AFN 76.837157
ALL 96.509848
AMD 447.182943
ANG 2.100169
AOA 1075.655078
ARS 1732.780522
AUD 1.752606
AWG 2.112893
AZN 1.998782
BAM 1.9566
BBD 2.362366
BDT 143.408669
BGN 1.955069
BHD 0.443251
BIF 3473.297068
BMD 1.173015
BND 1.508917
BOB 8.105016
BRL 6.361382
BSD 1.17268
BTN 105.682235
BWP 16.386704
BYN 3.444809
BYR 22991.091701
BZD 2.358465
CAD 1.61143
CDF 2575.941107
CHF 0.928953
CLF 0.027107
CLP 1063.408836
CNY 8.203891
CNH 8.175621
COP 4430.617974
CRC 583.438686
CUC 1.173015
CUP 31.084894
CVE 110.703327
CZK 24.166575
DJF 208.468666
DKK 7.476332
DOP 73.900358
DZD 152.164711
EGP 56.046322
ERN 17.595223
ETB 182.056454
FJD 2.6777
FKP 0.870421
GBP 0.871029
GEL 3.155868
GGP 0.870421
GHS 12.284025
GIP 0.870421
GMD 86.803518
GNF 10259.197058
GTQ 8.99608
GYD 245.340369
HKD 9.140074
HNL 31.026699
HRK 7.541359
HTG 153.492794
HUF 383.541131
IDR 19592.281079
ILS 3.737841
IMP 0.870421
INR 105.58829
IQD 1536.649496
IRR 49413.252348
ISK 147.530534
JEP 0.870421
JMD 186.346235
JOD 0.831714
JPY 183.911185
KES 151.319331
KGS 102.572532
KHR 4709.655165
KMF 493.839676
KPW 1055.735362
KRW 1692.156529
KWD 0.360491
KYD 0.9772
KZT 594.983409
LAK 25337.121876
LBP 105417.717899
LKR 363.30863
LRD 209.559556
LSL 19.359168
LTL 3.463608
LVL 0.709545
LYD 6.358187
MAD 10.712563
MDL 19.738075
MGA 5372.408569
MKD 61.553157
MMK 2463.154718
MNT 4176.553778
MOP 9.412951
MRU 46.592595
MUR 54.135081
MVR 18.135254
MWK 2037.527256
MXN 21.002953
MYR 4.755448
MZN 74.960025
NAD 19.359117
NGN 1682.537799
NIO 42.936711
NOK 11.806517
NPR 169.091176
NZD 2.03366
OMR 0.452046
PAB 1.17268
PEN 3.94397
PGK 4.992942
PHP 68.987942
PKR 328.503257
PLN 4.213411
PYG 7698.149328
QAR 4.270992
RON 5.09347
RSD 117.098602
RUB 94.356275
RWF 1704.390625
SAR 4.399175
SBD 9.552397
SCR 17.066674
SDG 705.572764
SEK 10.816415
SGD 1.508032
SHP 0.880065
SLE 28.152754
SLL 24597.539882
SOS 670.382301
SRD 44.722956
STD 24279.039765
STN 24.691963
SVC 10.261198
SYP 12970.262522
SZL 19.359025
THB 36.938671
TJS 10.82963
TMT 4.105552
TND 3.371289
TOP 2.824339
TRY 50.483633
TTD 7.972261
TWD 36.801822
TZS 2897.347153
UAH 49.648611
UGX 4248.738167
USD 1.173015
UYU 45.798736
UZS 14111.369431
VES 352.637318
VND 30850.291416
VUV 142.151166
WST 3.255695
XAF 656.225463
XAG 0.016143
XAU 0.000271
XCD 3.170132
XCG 2.113865
XDR 0.813663
XOF 653.369679
XPF 119.331742
YER 279.650958
ZAR 19.342716
ZMK 10558.545767
ZMW 25.88659
ZWL 377.710314
  • CMSC

    0.2400

    22.89

    +1.05%

  • NGG

    1.3500

    78.7

    +1.72%

  • BCC

    0.5200

    74.12

    +0.7%

  • RBGPF

    -0.3000

    80.75

    -0.37%

  • AZN

    -0.3600

    91.57

    -0.39%

  • BCE

    -0.1600

    23.66

    -0.68%

  • BTI

    -0.0700

    56.55

    -0.12%

  • RIO

    1.4000

    81.43

    +1.72%

  • CMSD

    0.4400

    23.59

    +1.87%

  • JRI

    0.0100

    13.62

    +0.07%

  • RELX

    -0.6200

    39.8

    -1.56%

  • SCS

    0.0200

    16.14

    +0.12%

  • VOD

    0.1300

    13.34

    +0.97%

  • BP

    1.1000

    35.83

    +3.07%

  • RYCEF

    0.5000

    16

    +3.13%

  • GSK

    0.5900

    49.63

    +1.19%

Europe looks to catch up with US in AI race at German digital summit
Europe looks to catch up with US in AI race at German digital summit / Photo: Manon Cruz - POOL/AFP

Europe looks to catch up with US in AI race at German digital summit

Europe must strive to lead in the AI race, top officials urged Tuesday at a summit focused on propelling the region to the forefront of the digital era and reducing its reliance on US tech titans.

Text size:

As the Berlin gathering got underway, the EU also announced that Amazon and Microsoft cloud services could face stricter competition rules in the bloc as Brussels probes their market power.

The summit brought together leaders from Europe's tech sector, and was to be addressed by German Chancellor Friedrich Merz and French President Emmanuel Macron later Tuesday.

"Europe's goal is very simple: we want to lead, not follow, on AI and frontier technologies," European Commission digital chief Henna Virkkunen told the opening of the event.

"We have the market, we have the talent, we have the ambition. Now we must deliver scale in investment, innovation and uptake."

Europe is responding to calls to blaze its own digital path and take steps to catch up in the AI race against China and the United States.

Concerns about US tech dominance have also grown as ties with Washington become increasingly uneasy under the "America First" administration of Donald Trump.

Despite the US-Europe tensions, a senior official from the French presidency said the summit was not about "confrontation" with the United States or even China.

Rather it is about "how we protect our core sovereignty and what rules need to be established, especially at the European level", said the official.

- 'Become a creator' -

Also speaking at the opening, German Digital Minister Karsten Wildberger said that "for too long, Europe has been mainly a customer and a bystander.

"Now we must become a creator".

But the continent is "not moving fast enough," he said, adding that "regulation is too complex and infrastructure is still behind".

His comments came a day before the EU was set to propose a rollback of its rules on AI and data protection -- a move welcomed by businesses, but criticised by privacy advocates.

Virkkunen also announced the move against Amazon and Microsoft cloud services in Berlin, saying that twin investigations aim to assess whether the tech giants "should be designated as the gatekeepers on cloud computing".

The European Commission, the bloc's digital regulator, said it will investigate whether Amazon Web Services (AWS) and Microsoft's Azure should come under the scope of the Digital Markets Act (DMA).

Efforts to build up "sovereign" EU cloud computing capabilities, which proponents argue would better protect Europeans' data, were also being discussed in Berlin.

Digital ministers from across Europe, as well as CEOs of tech firms like France's Mistral and Germany's SAP, were attending, and announcements on new digital initiatives were expected.

- 'Protect sovereignty' -

After giving their keynote addresses, Merz and Macron were to dine with British Prime Minister Keir Starmer.

As well as worrying about US dependence, Europe has long-standing concerns about reliance on firms in China and other parts of Asia for hardware, from semiconductors to laptop components.

But the continent faces an uphill battle to switch supply chains from foreign companies in the digital realm.

The region is struggling after a period of prolonged economic weakness and its tech firms remain far smaller than their US rivals.

As of last year, the continent's data centres -- crucial for AI -- had computing capacity of just 16 gigawatts, compared with 48 in the US and 38 in China, according to a recent study by German digital business association Bitkom.

And recent investment announcements in Germany -- billions of dollars from Google and a tie-up between US chip juggernaut Nvidia and Deutsche Telekom for an industrial AI hub -- have only highlighted the continued dependence on American tech, critics say.

P.Benes--TPP