Cloudy with a Chance of Innovation: Europe’s Billion Euro Bet on Homegrown Tech Triumph
In a tech-savvy twist, Europe is boosting its own cloud technology, funded by good old taxpayer euros. The European Commission’s €1.2 billion funding for advanced cloud and edge computing tech is a welcome rain on their parade. Forget renting space from American giants, Europe’s cloud technology funding is ready to make it rain innovation.
Hot Take:
Europe, the old continent, has decided to step into the contemporary age by investing in its own cloud, rather than renting out space from the American giants. In a move reminiscent of a tech-savvy Robin Hood, the European commission is using taxpayers' money to fund an Important Project of Common European Interest (IPCEI). This project aims to boost the creation of advanced cloud and edge computing technologies with a European flare. So, let's whip out our lederhosen, baguettes, and paella and get ready to cheer on the European underdogs in this cloud showdown!Already a member? Log in here