Europe's push to break Big Tech's grip tempered by internal debate
- European leaders are currently divided over strategies to reduce Big Tech's dominance, specifically regarding mobile satellite spectrum access and cloud tender restrictions for multinationals.
- The debate centers on the EU's Cloud and AI Development Act, which aims to protect sensitive data from bad actors and close the digital services gap with the U.S. and China.
- These internal disagreements have caused repeated delays in the legislative process, reflecting a tension between protecting sovereignty and maintaining global competitiveness.
- The final version of the Act is scheduled to be unveiled on June 3, marking a critical step in the region's push for digital autonomy.
Sources & Citations
1 sourceMore Stories
Bessent: US proposes AI incident alert system in talks with China
• The U.S. is proposing a new notification system with China to alert each other about artificial intelligence incidents that could threaten national security. • This proposal comes as Donald Trump resists calls to slow down AI development to prevent China from catching up to U.S. capabilities.
Read original · apnews.comHanoi to host TECHFEST Vietnam 2026 in November
• Hanoi will host the TECHFEST Vietnam 2026 event in November. • The event will use an open-air format featuring startup product exhibitions, technology demonstrations, and the final round of a national innovative startup talent competition.
Read original · en.vietnamplus.vn
VietnamPlusAsia stocks rise on AI, US-China trade talks optimism
• Asian stock markets rose on Monday morning due to optimism surrounding artificial intelligence and US-China trade talks. • South Korea's tech-heavy benchmark surged 1.5 percent, while Hong Kong's main index and Shanghai shares both gained 0.5 percent.
Read original · hindustantimes.comDigital services bring transformation into everyday life
• Localities are implementing digital transformation services for residents following the Politburo's Resolution No. 57-NQ/TW issued on December 22, 2024. • Practical applications include the rollout of QR-code payments in traditional markets and smart kiosks for administrative procedures.
Read original · en.vietnamplus.vn
VietnamPlusAI in ICT (Information and Communications Technology) Market’s 16.4% CAGR: Top Companies in 2026 – Big News
• The AI in Information and Communications Technology (ICT) market is projected to grow from USD 69,633 million in 2025 to USD 199,619 million by 2034. • This growth represents a compound annual growth rate (CAGR), or steady yearly increase, of 16.4%.
Read original · bignews.ukMalaysia urged to raise incentives for advanced chipmakers - The Business Times
• An industry analyst has urged Malaysia to increase financial incentives to attract advanced semiconductor chipmakers. • The recommendation focuses specifically on advanced packaging, which the analyst describes as the primary need of the global tech industry.
Read original · businesstimes.com.sgWhat can Southeast Asia learn from China’s AI-powered renewables? | NEWS
• Startups and utilities in Southeast Asia are deploying AI to improve the efficiency and safety of renewable energy infrastructure. • Quantified Energy developed technology capable of inspecting 5,000 solar modules per hour to identify underperforming panels.
Read original · reccessary.com
ReccessaryAsian markets edge higher as AI-driven chip demand lifts tech stocks
• Asian stock markets rose on Tuesday as increased demand for artificial intelligence chips boosted technology shares. • South Korea's tech-heavy index gained 1.1%, while Japan's Nikkei futures rose 0.5% and the MSCI Asia-Pacific index outside Japan climbed 0.3%.
Read original · business-standard.comNo Attacker Required: What a Two-Day Hackathon Taught Us About Agent Security - Check Point Blog
• Nineteen Check Point AI Security R&D teams spent two days in a hackathon attempting to build demonstrations of AI agent security vulnerabilities. • The teams focused on scenarios where agents fail or behave unpredictably, referencing a July incident involving OpenAI and Hugging Face.
Read original · blog.checkpoint.comThe startups fixing Europe’s AI power problem
• FlexAI, a Paris-based startup, launched in 2024 with a €28.5 million Seed round to address Europe's AI power problem. • The round was led by investors including Alpha Intelligence Capital, Elaia, and Heartcore, with Bpifrance also participating in the funding.
Read original · eu-startups.com
EU-StartupsUS proposes AI incident alert system in talks with China, Kremlin’s main party keeps majority
• The United States proposed the creation of an artificial intelligence incident alert system during recent talks with China. • Russia's primary Kremlin-backed party maintained its majority following a carefully orchestrated election.
Read original · apnews.comEurope Is Catching Up in the AI Race - Europe
• Europe's largest companies are starting to catch up with North America in the artificial intelligence race, showing the first signs of progress. • The AI gap between Europe and North America is narrowing, with large European companies making significant investments in AI technology and research.
Read original · europesays.com
United States