European Union Earmarks $150 Billion for New Tech Initiatives

As part of a $2 trillion recovery package, the European Union is investing $150+ billion in “Digital Compass” to boost advanced technologies and narrow the gap with the U.S. and Asia. One goal is to produce at least 20 percent of the world’s semiconductors by 2030. In 2020, said the European Commission, the EU produced 10 percent. In 2019, the EU debuted a public-private cloud-computing project, Gaia-X to increase self-reliance and, in 2017, the European Battery Alliance to develop electricity-storage technologies. Continue reading European Union Earmarks $150 Billion for New Tech Initiatives

European Union Alliance Aims to Compete in Cloud Services

In the European Union, 25 countries pledged to provide up to €10 billion over the next seven years to build a cloud computing service to compete with Alibaba, Amazon and Google. Dubbed the European Alliance on Industrial Data and Cloud, the partnership will draw funding from existing EU programs and debut by the end of 2020. EU internal market commissioner Thierry Breton stated the declaration is a “foundation stone for the establishment of European cloud technology.” Cyprus and Denmark are the only two EU holdouts. Continue reading European Union Alliance Aims to Compete in Cloud Services

Google Shutters Initiative to Provide Cloud Services in China

Google ended its Isolated Region initiative to offer cloud services in China and other so-called sovereignty sensitive markets that strictly regulate companies whose services include collecting or processing personal data. Begun in 2018, the Isolated Region initiative would have complied with rules in China that require Western companies providing data or networking to form joint ventures with Chinese companies. The business would also be sequestered from Google’s existing cloud services including data centers. Continue reading Google Shutters Initiative to Provide Cloud Services in China

Europe Aims for Digital Sovereignty with Gaia-X Cloud Plan

Germany and France plan to launch Gaia-X, a government-backed cloud infrastructure project, with the goal of allowing local providers to compete with dominant U.S. cloud providers. Amazon and Microsoft criticized Gaia-X for limiting data services by national borders. However, French and German companies are wary of dependence on those tech behemoths, which must comply with the U.S. Cloud Act, a 2018 law that requires them to provide personal data to law enforcement, even when the servers are outside of the U.S. Continue reading Europe Aims for Digital Sovereignty with Gaia-X Cloud Plan