Tech CEOs Warn Europe Must Invest Billions in AI to Stay Competitive

European technology executives are urging governments to increase AI funding. They argue that without a multi‑billion‑euro investment, the continent will fall behind. The warning was reported by The Times. Executives say rivals such as the United States and China are already pouring large sums into AI research. They stress that AI will shape future economic growth and job creation. The call targets both public and private sector spending. Industry leaders suggest coordinated policy and funding mechanisms. They caution that delayed action could erode Europe’s competitive edge.