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Europe Needs Coordinated Action in AI to Avoid Foreign Dependence, Allianz Research Says on May 22

GateNews

AI Industry News

2026-05-22 08:32:27

According to Allianz Research on May 22, Europe must take coordinated action on artificial intelligence applications to avoid dependence on foreign infrastructure providers. This includes mobilizing sovereign wealth funds and development banks while implementing a unified framework. The institute cited initiatives such as Mistral AI in France and Sweden's sovereign computing capacity projects as moderate counterbalances, though stressed that without decisive measures, Europe risks losing both market share and strategic autonomy over its digital infrastructure.

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