Valley NewsCompany
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EU to invest €525 million in chip startups to close the gap with the US and China. The funding will help European chip companies scale faster, as Brussels seeks greater technological independence. The initiative signals stronger public backing for semiconductor startups and strategic hardware. Key takeaway: Europe is directing more capital toward chip infrastructure, a critical area for AI and industrial competitiveness.
🔗 https://www.reuters.com/business/reta...
#Funding #AI #Fintech
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