ECB's Lagarde Warns Europe Risks AI Isolation, Urges Domestic Production

ECB President Christine Lagarde warned that Europe must become a producer of AI technology to maintain autonomy and efficiency gains needed to sustain its standard of living, cautioning against isolation in the AI field. The statement signals growing official concern over Europe's competitive position in AI relative to the US and China. It implies potential policy shifts toward supporting domestic AI development, though no concrete measures were announced.