ECB's Lagarde: Europe must build its own AI or risk being cut off by US or China
nordicinst · x · 2026-09-15
ECB President Christine Lagarde warned in a Vienna speech that Europe must develop its own AI models and datacentres to neutralize the threat of being cut off by the US or China.
Key figures: the US produced 59 notable AI models last year, China 35, while France and the UK managed one each; the US hosts 75% of global AI computing capacity versus Europe's 5%.
She framed Europe's "awkward choice": hold back adoption over data concerns and forgo growth, or adopt fast, become highly dependent, and risk losing economic autonomy. Sufficiently good domestic models would defuse the cutoff threat.
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