Where is the investment coming from (the capital markets union/savings and investment union isn't there so far)? How to make building infrastructure faster? Could some other regulation be removed to aid AI and tech use?
Not convinced adding regulation alone will solve things in European tech.
Trump's actions are pushing Europeans towards federalisation as a broader trend.
More specifically things like this are happening quietly in the background:
https://commission.europa.eu/news-and-media/news/eu-inc-maki...
This mandates a few things:
Countries must do certain things in English to ensure a common language.
Simple liquidation for bankruptcies, register once and operate across the EU.
Places like Germany have loads of talent but are cumbersome to setup a startup etc. This reduces that.
Things won't change overnight but a decade from now things will look a bit different, capital markets won't match the US by then but I expect the dependence trend will start to have reversed. There is no crystal ball for these things.