Politico March 5, 2025
Tom Bristow, Pieter Haeck and Océane Herrero contributed to the report.
After safety took a back seat at the Paris AI Action Summit, Western governments have made a clear pivot: Winning the AI race is more important than regulating it. Now, a mind-boggling global spending spree is on. The U.S. is investing $500 billion in the Stargate project. The EU launched the €200 billion (about $215 billion) InvestAI initiative, France has announced €109 billion (about $117 billion) and the U.K. has announced at least £20 billion (about $26 billion) in data center investments since October.
British Prime Minister Keir Starmer summed up the new approach in January: “In a world of fierce competition, we cannot stand by. We must move...