Europe Strengthens Tech Sector with New Initiatives
Europe Strengthens Tech Sector with New Initiatives

Europe Strengthens Tech Sector with New Initiatives

News summary

Lithuania's transformation from Soviet-era factories to a thriving tech hub, known as Cyber City, marks a significant shift in its economy, with the startup ecosystem growing over sevenfold between 2018 and 2023. Meanwhile, the European Union has launched the Strategic Technologies for Europe Platform (STEP) to bolster investment in critical technologies, aiming to reduce dependencies on external suppliers and enhance innovation within the EU. The UN's Global Digital Compact seeks to improve multilateral technology governance amid US-China rivalry, with the EU called to lead initiatives like a global AI fund. Additionally, the Netherlands solidifies its position as Europe's digital leader, boasting advanced infrastructure and a vibrant ICT sector despite challenges like staff shortages. Finally, technology plays a vital role in Belarusian protests, facilitating networks of support against the repressive regime. These developments underscore the dynamic interplay of technology, governance, and societal change across Europe.

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