Eu

More than 20 European news publishers are seeking damages of over €640m from Google for alleged adtech monopoly abuses, following a €2.95bn fine imposed by the European Commission last year.

The EU's Cloud and AI Development Act aims to triple data center capacity in 5-7 years and introduce Chips Act 2.0 for direct EU investment, expanding domestic tech supply chains.

The European Union's €20 billion investment plan for five AI data centers is experiencing difficulties, with delays and funding issues causing some potential partners to become alienated. This development contrasts with SoftBank's recent announcement of a €75 billion AI data center plan in France.

The European Union is preparing emergency powers to intervene in Europe's chip supply chains during shortages, including forcing chipmakers to override contracts, according to Techmeme.

Germany and Spain are opposing EU plans to ban Chinese suppliers like Huawei from telecom networks as part of new cybersecurity rules, according to Bloomberg. The opposition is reportedly due to concerns about the impact on their economies.