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Comment by Christine Lagarde
President of the European Central Bank
Today, the companies are being built elsewhere. Last year the United States produced 59 notable AI models and China produced 35. France and the United Kingdom produced one each. Along the rest of the AI value chain, the picture is the same: the United States hosts three-quarters of the world’s AI computing capacity; Europe hosts 5%. [...] The foundation is building more European computing capacity. [...] Europe needs models that are “good enough” for most tasks and that run on European infrastructure, so that the threat of being cut off loses its force.Unverified (Sep 14, 2026)
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