Europe unveils tech sovereignty package amid growing concerns over reliance on U.S. tech
Europe has announced a new tech sovereignty package in response to increasing geopolitical tensions. The initiative aims to reduce reliance on non-European technology providers, particularly U.S. companies. Commission President Ursula von der Leyen emphasized the importance of securing critical technologies for essential services.
- ▪The European Union is seeking to diversify away from U.S. tech dominance in critical sectors.
- ▪Commission President Ursula von der Leyen highlighted the need for Europe to secure its own technologies.
- ▪There are considerations for rules that would limit member governments' use of U.S. cloud providers for sensitive data.
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As geopolitical tensions across the globe have ramped up, there have been growing calls for Europe to diversify away from non-European providers of critical tech, including U.S. tech companies, which currently dominate the European market."We cannot afford to depend on others for the technologies that keep our hospitals running, our energy grids stable and our services secure," Commission President Ursula von der Leyen said in a statement.CNBC previously reported that the European Union was considering rules that would restrict its member governments' use of U.S. cloud providers to handle sensitive data.
Excerpt limited to ~120 words for fair-use compliance. The full article is at CNBC — Tech.