EU to Join US-Led 'Pax Silica' Amidst Tech Lag Concerns
The European Union is set to join 'Pax Silica,' a US-led initiative aimed at coordinating export controls and co-investment in advanced chips to curb China's technological rise, particularly in artificial intelligence. The EU's decision to purchase at least $40 billion worth of US AI chips has sparked criticism and concerns among EU members about the potential impact on the bloc's strategic autonomy. The move is part of a broader trend of the EU aligning with US-led initiatives, which some critics argue compromises the EU's own interests.