News Summary

• Reducing dependence on US technology has become a priority for European governments.
• UK launched a £500 million Sovereign AI Fund, German startup Aleph Alpha sold itself on a sovereignty pitch.
• Brussels is weeks away from what it says will be the EU’s most significant digital sovereignty legislation yet.
• But not everyone agrees that sovereignty should be the deciding factor for an investment in tech startups, as some see it as “welfare” for weak startups.
• The bigger question is what it means for future growth to be a sovereign-centered startup.