#european-tech

#european-tech

German Minister for Digital Affairs Karsten Wildberger emphasizes that Europe's call for digital sovereignty should not be confused with protectionism. According to him, Europe must develop its own digital infrastructure. This is to reduce dependence on American technology companies. That does not mean that cooperation with the United States should be ruled out. In an interview with Reuters, Wildberger explains that Germany and the European Union can no longer be mere spectators or customers in the digital sector, but must play an active role themselves.

"If you're using ChatGPT or any other AI chatbot, they all do knowledge grounding with web search [...] our index can power deep research and AI summary features. Google and Bing's solutions are also pricey, and our index can offer power search features at a tenth of the cost," Christian Kroll, CEO of Ecosia, told TechCrunch.

"With AI House Amsterdam, we are doing what Europe urgently needs: bringing together ambition, talent and capital to shape the future of AI," says Fabricio Bloisi, CEO of Prosus.

When we started, it was a classic deep tech case, and people thought revenue would be five to 10 years out, but that's not true. You can make money already.