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AI News from ET - Europe to incentivise governments to buy made-in-EU chips by startups, document shows

Vishwadeep Khatri
in AI News & Two Lenses

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The European Commission is pushing for governments to purchase chips manufactured by European startups. This initiative aims to lessen the bloc's dependence on American and East Asian chip producers. The new Chips Act 2.0 will focus on increasing demand for EU-made chips. It will connect chip makers with buyers through agreements and a dedicated forum.

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