EU unveils tech sovereignty package to break free from US, Chinese giants

The European Union has rolled out a comprehensive strategy to achieve tech sovereignty, aiming to reduce its reliance on American and Chinese tech giants. This initiative is driven by concerns over data security and the desire to foster homegrown innovation. The package includes investments in local tech infrastructure and support for startups to develop independent technologies. This move is crucial for Europe to assert its influence in the global tech landscape and ensure that its data and technological advancements are not controlled by external powers.