A comprehensive strategy on adoption, creation, and energy will be crucial for Europe to enhance its competitiveness in the evolving generative AI marketplace.
While Europe has made strides in AI awareness, it still significantly lags in adopting generative AI technologies compared to the US, with potential economic gains on the line.
Europe's market share in key segments of the generative AI value chain remains low, emphasizing the need for strategic investments and innovation in emerging technologies.
The anticipated rise in data center energy consumption due to generative AI applications poses a challenge, highlighting the importance of competitive electricity prices for future growth.
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