Europe unveils tech sovereignty package amid growing concerns over reliance on U.S. tech

Europe is stepping up its efforts to reduce dependence on U.S. tech by unveiling a comprehensive package aimed at securing its technological independence. The new initiatives focus on boosting local production of advanced chips and developing indigenous cloud computing infrastructure. This move underscores the urgency to fortify its tech ecosystem against geopolitical risks and to foster innovation within the region. It's a strategic response to mounting fears about over-reliance on foreign tech giants.