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by stingraycharles 29 days ago
A friend of mine works for ASML and it’s suggested they were nudged quite heavily “from above” to make this investment, rather than it being an actual strategic play by ASML. Basically “sovereign EU AI” is the play here.
2 comments

If your friend is working for ASML, they should not be telling you any of that.
People on here just make stuff up
they do, indeed
a cursory understanding of the subcontinent's abysmal venture capital ecosystem and bloc wide risk aversion would have anyone reach the same conclusion
Right, because the US and Chinese governments don't do/encourage any strategic investments into critical technologies.

Somehow people are only upset when Europeans dare to do the same.

Because the European ecosystem is a joke for reasons that are dumb

and this is a symptom

There’s nothing to say when the party does an investment thats their system they have total control in a state capitalist society that raised their population on marxism

And the US ecosystem is diverse to have relevant purpose built vehicles doing private investments, in conjunction with various public market operations by the state