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RADAR BRIEF · 54/100

Draghi calls AI fundamental for growth and urges Europe to focus on data

In a letter to the Financial Times, former European Central Bank president Mario Draghi said AI is fundamental for growth and emphasized the development of data centers and consortia.

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What is happening

Draghi proposed that Europe focus on controlling and developing data, support data-center development, and develop consortia to reduce the risk of oligarchs.

Why is it on the Radar?

The letter presents AI, data infrastructure and cooperation through consortia as relevant to Europe’s growth strategy.

Sources and timeline