– The large LLM models are dominated by the US, and when we talk about AI, Europe is really competing more at the application level. Where does Europe stand strong – and how do we compete?

“Let me take a step back. As I and many others — including Draghi in his report — have pointed out, Europe lacks the big technology platforms that the US in particular has. The reality is that Europe hasn’t created a single company worth more than USD 100 billion – apart from Spotify – in the past 50 years. In the US, every company...

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