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Europe facing unprecedented risk of being cut off from AI, Lagarde warns

Lagarde said Europe must build its own computing power as data center capacity is projected to grow more than sixfold within a decade.

FRANKFURT, Sept 14 : Europe must become a producer of artificial intelligence technology, partly to preserve its own autonomy and achieve the efficiency gains needed to maintain its way of living, ECB President Christine Lagarde said on Monday.European firms have been investing in AI but mostly importing the

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Europe faces unprecedented risk of being cut off from AI technology — Lagarde Christine Lagarde says Europe needs its own AI technology and computing power for autonomy and <p>economic efficiency. According to her, the shortage of data centers could increase sixfold.</p>

·Kyiv, Ukraine
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PressNewsAgency broke the news on Monday, September 14, 2026.
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