My _feeling_ is that a lot of EU/European politicians has talked a lot more about the need to be independent from the US after Trump threaten Greenland. At least in the nordic countries. Not only concerning data & privacy, but defence, communications, space etc. All areas. The wheel has started to turn. You will not see it if you look around. But in 10 years time, maybe more, Europe will have stopped depending on the US. And that will hit US hard. We pay a lot of money in services to the US.

The politicians can talk, but they needed to set up an environment that would've let a European company have a decent shot at competing with the best AI models. But they didn't. Should've thought of that before being proud of setting up those strict tech regulations.