EU shoots for €10B ‘industrial cloud’ to rival US
As a european, i still think those kind of measures are trying to cure the symptoms by throwing huge pile of cash, rather that fix the core issue : that the private sector in europe is currently unable to produce GAFA-sized companies in the IT sector.<p>My intuition is that once again the money will be grabbed by existing big companies that proved unable to innovate, but are the best at capturing public fundings.<p>EDIT : and i should add, helping politicians look good. All in all it will only help everybody pretend they're doing something, while letting the ship sink even more.