GEOPOLITICS18 August 2026· 10 min
European Tech Sovereignty: The €200B Battle for Digital Independence
Europe is investing over €200 billion to break free from US and Chinese tech dominance. From chips to cloud, the continent is rewriting the rules of digital power — but is it fast enough?
SOURCES
[1]European Commission — European Chips Act Impact Assessment, 2023
[2]Synergy Research Group — European Cloud Market Share Report, Q1 2024
[3]Dealroom.co — European Tech Investment Report, 2024
[4]European Commission — Digital Decade Policy Programme 2030 Progress Report
[5]ENISA — European Cybersecurity Certification Framework, 2024
[6]Financial Times — 'Mistral AI raises €600M in Series B at €6B valuation', June 2024
[7]McKinsey Global Institute — 'The State of AI in Europe', 2023
[8]European Investment Fund — Annual Report 2023
[9]ASML — Annual Report 2023
[10]Nature — 'Europe's quantum computing landscape', 2024