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.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.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.