What would you do with 100 Billion Euros?
or… What wouldn’t you do?
The EU will be handing out 100 Billion Euros to local tech companies to further themselves in the hopes of competing with foreign tech giants like Google, Alibaba, Apple, etc…
“The emergence and leadership of private non-EU competitors, with unprecedented financial means, has the potential to obliterate the existing innovation dynamics and industrial position of EU industry in certain sectors,” – EU
This should be interesting.