Europe's AI Race: Lagarde's Urgent Warning
Update: 2025-11-24
Description
Europes AI Ambitions: Lagardes Warning and the Path ForwardEuropean Central Bank President Christine Lagarde warns that Europe is falling behind in the AI race, with the US and China leading the way. She highlights the continents past missed opportunities and the risk of dependency on foreign AI solutions. Lagarde emphasizes the need for Europe to build its own AI capabilities, diversify its supply chain, and adopt open standards to foster competition and innovation. She stresses the urgency for Europe to act strategically to secure its economic future and global standing in AI.
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