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From AI factories to cloud, EU recipe for competitiveness

From AI factories to cloud, EU recipe for competitiveness

Here are the Compass measures to bridge the innovation gap

ROME, 28 January 2025, 16:03

ANSA English Desk

ANSACheck
© ANSA/EPA

© ANSA/EPA

The European Union is trying to make up ground in the race for technologies that will drive growth in the future, from artificial intelligence to the cloud to robotics.
    The Commission will present its 'Competitiveness Compass' on Wednesday, an action plan based on the reports by Mario Draghi and Enrico Letta to relaunch the European economy.
    One of the three pillars includes a wide range of proposals that aim to bridge the innovation gap. A gap that, in turn, has significantly contributed to deepening the productivity gap between the Old Continent and the United States and which risks, with the AI ;;revolution at the door, accelerating the decline of the EU. To limit ourselves to AI, according to the Draghi report, Europe attracts only 6% of global funding for AI start-ups compared to 61% in the US and 17% in China.
    Among the measures announced in the Compass, the AI ;;Factories initiative, part of the AI ;;Continent strategy, establishes, on the basis of the world-class EuroHpc supercomputer network in Europe, the first "mega AI factories" with the aim of increasing Europe's computing power and making it accessible to start-ups, researchers and industry so they can develop and improve their AI models.
    With the EU Cloud and AI Development Act, the Berlaymont Palace will define minimum criteria for cloud services in Europe, filling existing capacity gaps and facilitating investment by Member States and the private sector in sustainable cloud and AI infrastructures.
    And then there is the oil of the digital economy, data.
    In the coming months, Brussels will develop a strategy to improve the sharing of private and public data, simplify the regulatory regime and accelerate the development of new AI systems or applications thanks to large-scale, high-quality data.
    Another piece in the innovation puzzle is the Start-up and Scale-up strategy, which aims to overcome the barriers that slow down the birth and growth of European start-ups, thanks to better access to funding, mobility of talent and cooperation between academia and industry.
    Finally, it will be crucial for Europe to secure a leadership position also in quantum technologies that can revolutionize the digital encryption systems that underpin current security and defense communications, health through scanning and drug discovery, as well as commercial transactions.
    The Commission will advance a strategy and a Quantum Act to address regulatory fragmentation, promote synergies between EU and national programmes, and support investments in pan-European quantum computing, communication and sensing infrastructures.
   
   

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