[BIG TECH]■ STORY TIMELINE
EUROPE FUNDS HOMEGROWN AI COMPANIES WITH STATE SUBSIDIES
European governments are deploying public funding to support domestic AI companies across frontier labs, software, and chip sectors. The move reflects fears of falling behind the U.S. and China in the artificial intelligence race.
Bloomberg Tech+0m
Governments, fearful of missing out on the spoils of the AI boom, are funding local frontier labs, software and chip com…