Sure.
At the same time, it made in many cases EU dependent on the US. A lot of governments are basically dependent on MS Office or Google Cloud.
With AI, it is even more strategic.
My impression is that in Europe much fewer people are convinced that AI-maxxing is necessary or even a net benefit.
Which has nothing to do with VCs, just with sourcing decisions.
My impression is that in Europe much fewer people are convinced that AI-maxxing is necessary or even a net benefit.