Europe’s AI Gap: The €200 Billion Illusion and the Brain Drain Nobody’s Fixing
Europe's €200 billion AI plan sounds impressive — until you look at the numbers. The US invested $470 billion in private AI funding while Europe managed just $50 billion. America produced 40 notable AI models in 2024; Europe produced three. The continent trains world-class AI talent only to watch them leave for US salaries 30-70% higher. And while Europe owns ASML — the sole maker of the machines that produce every advanced chip on Earth — 98% of its sales go outside Europe. The EU's AI window isn't closed, but it's closing fast. The question is whether Europe can build enough, fast enough, before it's too late.
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