US tech giants warn Europe that ditching US tech giants could cost €115B

winfuture.de

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Europe's efforts to reduce dependence on US cloud providers could cost EUR 115 billion within ten years, at least according to the U.S. industry association. (Read more)

ITHardware

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Europe wants to gain greater control over data and digital infrastructure, but implementing these plans could prove costly. According to a study commissioned by an organization representing the interests of the largest technology companies... Full version of the website: https://ithardware.pl/aktualnosci/amerykanie_europa_115_mld_raport-55063.html

DiarioBitcoin

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A study commissioned by CICA Europe estimates that the proposed European law on cloud and artificial intelligence could raise costs to about €115 billion in ten years. The figure includes a scenario for private industries that depends on expanding sovereignty requirements. Amazon, Google and Meta are among the members of the group that commissioned the research.