ECB President Lagarde said that if Europe relies on artificial intelligence models developed in other regions, it will face the risk of its own vulnerability. She said, “Europe needs to develop its artificial intelligence capabilities as an integral part of the final production AI supply chain. This is a key tool for financial resilience, so the right to use them will not depend on switches in other regions.” Lagarde and several members of the Governing Council have emphasized this view many times before, warning that Europe must not be too far apart from the US.

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