The European Union reveals details of its tech sovereignty package
The European Union has unveiled its European Technological Sovereignty Package aimed at reducing reliance on foreign technology. This package includes the Chips Act 2.0 and the Cloud and AI Development Act, which focus on enhancing Europe's capabilities in semiconductors, AI, and cloud computing. The proposals will be discussed by the European Parliament and involve consultations with member states and stakeholders on financing.
- ▪The European Commission announced a new European Technological Sovereignty Package to strengthen its tech footprint.
- ▪The package includes the Chips Act 2.0 and the Cloud and AI Development Act, focusing on semiconductors and cloud computing.
- ▪The EU aims to triple data center capacity in the next five to seven years while supporting open-source projects.
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Big Tech The European Union reveals details of its tech sovereignty package New proposals will see the EU further invest in European startups and companies as it looks to strengthen its homegrown tech footprint. By Matt Tate June 3, 2026 12:49 pm EST Alxeypnferov/Getty Images The European Commission has announced a new European Technological Sovereignty Package, designed to further reduce its reliance on foreign tech. The EU wants to focus on building out Europe's capacity in areas such as semiconductors, AI, cloud computing and open-source projects. The package consists of two legislative proposals.
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