Latest news with #ChooseEurope
Mint
6 days ago
- Politics
- Mint
If America Doesn't Want Harvard, Somebody Else Will
(Bloomberg Opinion) -- In the 1930s and 1940s, America played a crucial role in keeping academic inquiry alive. By welcoming thousands of researchers fleeing fascism in Europe, it enhanced its national brainpower and fostered breakthroughs of immense value to people everywhere — from the digital computer to the discovery of DNA. Now it's in the process of throwing that priceless legacy away. If wiser minds don't prevail, one can only hope Europe and others will step into the breach. Establishing itself as a haven of academic freedom was among the smartest moves the US ever made. Its unrivaled collection of research universities attracts top global talent, fostering innovation that enriches the nation. By some estimates, each dollar spent on research and development generates $5 or more in social benefits, such as higher productivity and better living standards. It's by far the most profitable form of public investment. Yet the White House now seems bent on destruction. Citing (among other things) rising anti-Semitism on college campuses, it has withheld billions of dollars from the likes of Harvard and Columbia, forcing them to terminate projects, lay off researchers and limit graduate-school admissions. It has proposed tens of billions in budget cuts at federal agencies such as the National Institutes of Health and the National Science Foundation. It has detained foreign academics and — most recently — sought to block enrollment of international students. The repercussions promise to be devastating. The economic damage could exceed that of the recession of 2008. Projects in areas ranging from climate science to medicine have shut down. An exodus looms: Three-fourths of US-based scientists who responded to a recent Nature poll said they were seeking a way out, with Europe and Canada the top destinations. By one estimate, up to a fifth of postdoctoral students at elite US universities have studied in the European Union and hence might be amenable to moving. Rival research centers are jumping at the opportunity. As Bloomberg News has reported, countries including Australia, Canada, Denmark and Norway are offering funding, streamlined visas and other perks to lure top academics. Germany has invited Harvard to set up an 'exile campus.' The EU has launched a €500 million 'Choose Europe' program. These efforts are welcome, to the extent that they keep crucial work going. Yet the funds so far committed pale in comparison to the potential cuts in the US. If America abdicates, Europe in particular will need to be much more ambitious. A better option would be for the US to come to its senses. Legislators should reject the false economy of slashing public research funding. Courts should issue injunctions where the administration's actions have violated the law or the Constitution, as they plainly have in several cases. Researchers, alumni and industry groups should alert the public to the scale of potential damage ahead. Universities, for their part, might consider some introspection. Although the administration's actions are nuts, it's true that too many schools have indulged anti-Semitic protesters who have created chaos on campus, obstructed learning and menaced their fellow students. Imposing zero-tolerance policies for such disruption might placate the White House; it's also the right thing to do. Amid the chaos, researchers will need to do their jobs as best they can. It'd be a truly spectacular act of self-harm if America managed to trigger an exodus of talent back across the Atlantic. If other countries rise to the occasion, its loss will be their gain. More From Bloomberg Opinion: Want more Bloomberg Opinion? Terminal readers head to OPIN . Or you can subscribe to our daily newsletter. The Editorial Board publishes the views of the editors across a range of national and global affairs. More stories like this are available on
Euronews
7 days ago
- Business
- Euronews
EU Commission attempts finance boost to keep start-ups in Europe
The European Commission launched a strategy designed to foster and grow small tech start-up companies on Wednesday as part of a broader Choose Europe initiative aimed at competing with China and the US. The document sets out key actions to help companies set up and grow in the EU, including easier access to finance and infrastructure and reducing administrative burdens. Currently, some 8% of the start-ups throughout the world are based in Europe. A report by former Italian premier Mario Draghi published last year found that 61% of global funding for AI companies goes to US-based companies, 17% to Chinese and just 6% to those in the EU. To address this gap, a fund, based on a public-private partnership, will be launched by the beginning of next year to encourage start-ups to scale-up. 'Capital matters, and Europe has it. We need to connect it to the needs of the innovators,' European Commissioner Ekaterina Zaharieva said, while launching the strategy. 'A clear funding gap persists – to address key challenges and reduce market fragmentation, we will team up with private investors,' she added. The Commission also aims to simplify rules to set up a start-up in 24 hours and to enable companies operating across the 27 different EU member states to be subject to one business regime. The proposal also plans to reduce the cost of failure of start-up projects by addressing insolvency issues. "We have 30,000 early stage start-ups. We don't lack ideas, and we need a plan to maximise the potential,' Zaharieva said.
Malay Mail
21-05-2025
- Business
- Malay Mail
Europe's Largest Inaugural Tech and Startup Event Opens in Berlin as the Continent Spurs Momentum for Open Innovation and AI Leadership
Ministers and senior tech stakeholders from the European Union, Germany and the UAE inaugurate the momentous first edition of GITEX EUROPE x Ai Everything BERLIN, GERMANY - Newsaktuell - 21 May 2025 - Berlin became the focal point of Europe's tech momentum and global digital cooperation asopened its doors today at Messe Berlin, launching the region's largest inaugural tech, startup and digital investment event to capacity crowds and the biggest, most international lineup of tech and businesses converging in Europe. The show arrives at an inflection point in Europe's digital future, sparked by a continent-wide 'Choose Europe' movement to anchor the next wave of innovation, research, investment, talent and deep-tech breakthroughs on home ground; alongside a renewed impetus in Germany represented by the formation of a new government and the country's first digital ministry taking stewardship on digital transformation, AI excellence and data in the UAE with global editions now running in seven countries, GITEX is the world's largest and best-rated tech and startup event, reflecting the UAE's wider national commitment to global digital collaboration. With the show's expansion into Europe, it echoes the UAE's shared commitment to advance innovation and scientific frontiers, recently strengthened with Abu Dhabi's MGX investment and Nvidia partnering to develop Europe's largest AI data center campusalongside the development of a new 5GW AI campus, the largest of its kind outside the US to be based in Abu addresses led the inauguration ceremony from European and global leaders, including Kai Wegner, Governing Mayor of Berlin; H.E. Alia Al Mazrouei, UAE Minister of State for Entrepreneurship; Clara Chappaz, the Minister of AI and Digital of France; Thomas Jarzombek, Parliamentary State Secretary at the Federal Minister for Digital and State Modernization, Germany; Jan Kavalírek, Deputy Minister of Industry and Trade, Czech Republic; Franziska Giffey, Mayor of Berlin & Senator for Economic Affairs, Energy and Public Enterprises; and Trixie LohMirmand, EVP of Dubai World Trade Centre, the global organiser of participation from over 100 countries, 1,400 tech companies, startups, and SMEs, more than 600 influential investors, and 500 industry leaders on-stage, the event sparked strategic dialogues on innovation, investment, policy shifts and business transformations, as well as catalysed collaborations at scale - across sectors and geographies. Taking place until 23 May at Messe Berlin,is organised in partnership with the, Germany's, and the(EIC).Spanning high impact showcases and talks covering AI, cybersecurity, deep tech, green tech, quantum computing, SMEs, and startup, scaleup and investments,offers unmatched opportunities to access new markets, breakthrough technologies, industry transformations and business the show floor, global tech enterprises including IBM, AWS, Bosch, Cisco, CrowdStrike, Dell, Fortinet, Lenovo, ManageEngine, NinjaOne, NVIDIA, and SAP, alongside over 750 startups from 60 countries, showcase how infrastructure, intelligence, and investment intersect to propel Europe's digital future forward. From business leaders to AI architects, quantum researchers to CIOs, green tech innovators to global investors, the opening day's gathering set the tone for decisive partnerships accelerating the continent's AI and digital opening day conference programme was headlined by Dr. Geoffrey Hinton, Nobel Physics Laureate and 'Godfather of AI' with a riveting keynote on 'AI for Humanity's Greatest Challenges'. In April 2025, the United Arab Emirates and European Union delivered a joint statement to begin dialogue toward a Comprehensive Economic Partnership Agreement (CEPA)aimed at strengthening bilateral trade and investment ties across key sectors such as AI, advanced manufacturing, healthcare and a powerful network of established relationships in tech, policy, investment and business spanning four regions and seven countries, with more new international editions in the wings. Currently the GITEX global network of events takes place in Abu Dhabi, Dubai, Germany, Morocco, Nigeria, Singapore, Thailand, and more information, visit: Hashtag: #GITEXEUROPExAiEverything The issuer is solely responsible for the content of this announcement. About GITEX EUROPE x Ai Everything 2025 GITEX EUROPE x Ai Everything 2025, Europe's most global, collaborative, and cross-industry tech event, taking place from May 21–23, 2025, at Messe Berlin, Germany. Convening over 1,400 exhibiting enterprises, SMEs and startups from 100-plus countries, alongside over 600 investors, and 500 expert speakers across AI, Deep Tech, Quantum, Cybersecurity, Connectivity, Smart Cities, Green Tech, and many more, GITEX EUROPE x Ai Everything is advancing the continent's digital future in partnership with the world. This inaugural edition features the new SMEDEX, GITEX SCALEX, and GQX, and brings to Germany the world's largest and best-rated startup and investor event – North Star Europe. GITEX EUROPE x Ai Everything is seamlessly connected with the GITEX network of tech and startup events in Germany, Morocco, Nigeria, Singapore, Thailand, UAE, and Vietnam. For more information, please visit:
Associated Press
21-05-2025
- Business
- Associated Press
Europe's Largest Inaugural Tech and Startup Event Opens in Berlin as the Continent Spurs Momentum for Open Innovation and AI Leadership
Ministers and senior tech stakeholders from the European Union, Germany and the UAE inaugurate the momentous first edition ofGITEX EUROPE x Ai Everything Berlin became the focal point of Europe's tech momentum and global digital cooperation asGITEX EUROPE x Ai Everything 2025opened its doors today at Messe Berlin, launching the region's largest inaugural tech, startup and digital investment event to capacity crowds and the biggest, most international lineup of tech and businesses converging in Europe. The show arrives at an inflection point in Europe's digital future, sparked by a continent-wide 'Choose Europe' movement to anchor the next wave of innovation, research, investment, talent and deep-tech breakthroughs on home ground; alongside a renewed impetus in Germany represented by the formation of a new government and the country's first digital ministry taking stewardship on digital transformation, AI excellence and data policy. Born in the UAE with global editions now running in seven countries, GITEX is the world's largest and best-rated tech and startup event, reflecting the UAE's wider national commitment to global digital collaboration. With the show's expansion into Europe, it echoes the UAE's shared commitment to advance innovation and scientific frontiers, recently strengthened with Abu Dhabi's MGX investment and Nvidia partnering to develop Europe's largest AI data center campus1 alongside the development of a new 5GW AI campus2, the largest of its kind outside the US to be based in Abu Dhabi. Welcome addresses led the inauguration ceremony from European and global leaders, including Kai Wegner, Governing Mayor of Berlin; H.E. Alia Al Mazrouei, UAE Minister of State for Entrepreneurship; Clara Chappaz, the Minister of AI and Digital of France; Thomas Jarzombek, Parliamentary State Secretary at the Federal Minister for Digital and State Modernization, Germany; Jan Kavalírek, Deputy Minister of Industry and Trade, Czech Republic; Franziska Giffey, Mayor of Berlin & Senator for Economic Affairs, Energy and Public Enterprises; and Trixie LohMirmand, EVP of Dubai World Trade Centre, the global organiser of GITEX. With participation from over 100 countries, 1,400 tech companies, startups, and SMEs, more than 600 influential investors, and 500 industry leaders on-stage, the event sparked strategic dialogues on innovation, investment, policy shifts and business transformations, as well as catalysed collaborations at scale - across sectors and geographies. Taking place until 23 May at Messe Berlin,GITEX EUROPE x Ai Everything 2025is organised in partnership with theBerlin Senate Department for Economics, Energy and Public Enterprises, Germany'sFederal Ministry for Economic Affairs and Climate Action,Berlin Partner for Business and Technology, and theEuropean Innovation Council(EIC). Kai Wegner, Governing Mayor of Berlin: 'The GITEX tech fair – which is taking place in Berlin for the very first time – brings founders from around the world, investors, and established companies together. As Germany's startup capital, Berlin is the perfect place for GITEX. We want to create the best environment for founders in our city. Networking events and industry fairs like GITEX are part of that effort.' Her Excellency (H.E.) Alia Al Mazrouei, the UAE Minister of State for Entrepreneurship:'Moving beyond economic diplomacy, the UAE is now championing entrepreneurial diplomacy, guided by our diligent efforts in fostering global partnerships to empower entrepreneurs in the country. GITEX EUROPE's vision of bringing together SMEs, investors, accelerators, incubators and industry leaders to ignite innovation, foster collaboration, and drive growth aligns with the UAE's aspirations to strengthen partnerships with Europe in entrepreneurship and digital economy.' Clara Chappaz, the Minister of AI and Digital of France, commented on the development of AI: 'When you were hear about Europe being a continent of regulation, this is the past. Today, Europe is all about innovation. More than ever, we have all the ingredients to succeed as Europeans building these amazing technologies when it comes to AI. The partnerships between France and Germany is extremely determined to accelerate Europe when it comes to innovation, and in particular when it comes to everything we can do on digital innovation.' Thomas Jarzombek, Parliamentary State Secretary at the Federal Minister for Digital and State Modernization reiterated: 'It's a great opportunity here to connect startups and also for investment opportunities right now here in Berlin. We have to move forward, faster than we did in the for you to do business in Germany, easy for every citizen to do everything with an app and to digitalize things you have in our pocket right now.' Jan Kavalírek, Deputy Minister of Industry and Trade, Czech Republic: 'One of our top priorities right now, is to create the best possible environment for AI researchers and to deploy artificial intelligence across all the industrial sector. This is the reason why we invest in AI heavily, both in software and in hardware infrastructure, and this is also the reason why we are glad to part of GITEX EUROPE.' Franziska Giffey, Mayor of Berlin and Senator for Economic Affairs, Energy and Public Enterprises: 'We have more than 5,000 startup enterprises here in Berlin, and of course we want to do more. We want to be the number one innovation place in Europe. Whenever you think about coming to the place of freedom, the place of possibilities, come to Berlin.' Trixie LohMirmand, global organiser of GITEX: 'As the world's third largest economy, Germany's market gravity and Europe's openness create a powerful test-bed where capital, code and talent can cross-pollinate at speed, forging new collaborative forces across geographies and sectors. GITEX EUROPE proves that innovations can scale beyond borders, opening new markets and opportunities for Europe's most ambitious companies.' Spanning high impact showcases and talks covering AI, cybersecurity, deep tech, green tech, quantum computing, SMEs, and startup, scaleup and investments,GITEX EUROPE x Ai Everythingoffers unmatched opportunities to access new markets, breakthrough technologies, industry transformations and business insights. Across the show floor, global tech enterprises including IBM, AWS, Bosch, Cisco, CrowdStrike, Dell, Fortinet, Lenovo, ManageEngine, NinjaOne, NVIDIA, and SAP, alongside over 750 startups from 60 countries, showcase how infrastructure, intelligence, and investment intersect to propel Europe's digital future forward. From business leaders to AI architects, quantum researchers to CIOs, green tech innovators to global investors, the opening day's gathering set the tone for decisive partnerships accelerating the continent's AI and digital competitiveness. The opening day conference programme was headlined by Dr. Geoffrey Hinton, Nobel Physics Laureate and 'Godfather of AI' with a riveting keynote on 'AI for Humanity's Greatest Challenges'. In April 2025, the United Arab Emirates and European Union delivered a joint statement to begin dialogue toward a Comprehensive Economic Partnership Agreement (CEPA)3 aimed at strengthening bilateral trade and investment ties across key sectors such as AI, advanced manufacturing, healthcare and more. GITEX EUROPE x Ai Everythingleverages a powerful network of established relationships in tech, policy, investment and business spanning four regions and seven countries, with more new international editions in the wings. Currently the GITEX global network of events takes place in Abu Dhabi, Dubai, Germany, Morocco, Nigeria, Singapore, Thailand, and Vietnam. For more information, visit: - END - Digital Press Kit:click here Follow GITEX EUROPE on social media: Facebook|Instagram|X|LinkedIn|Youtube Hashtag:#GITEXEUROPE About GITEX EUROPE x Ai Everything 2025 GITEX EUROPE x Ai Everything 2025, Europe's most global, collaborative, and cross-industry tech event, taking place from May 21–23, 2025, at Messe Berlin, Germany. Convening over 1,400 exhibiting enterprises, SMEs and startups from 100-plus countries, alongside over 600 investors, and 500 expert speakers across AI, Deep Tech, Quantum, Cybersecurity, Connectivity, Smart Cities, Green Tech, and many more, GITEX EUROPEx Ai Everythingis advancing the continent's digital future in partnership with the world. This inaugural edition features the new SMEDEX, GITEX SCALEX, and GQX, and brings to Germany the world's largest and best-rated startup and investor event – North Star EUROPE x Ai Everythingis seamlessly connected with the GITEX network of tech and startup events in Germany, Morocco, Nigeria, Singapore, Thailand, UAE, and Vietnam. For more information, please visit:
France 24
09-05-2025
- Business
- France 24
Europe needs innovation like the air it breathes: EU Commission Executive VP Minzatu
On the timing of the 'Choose Europe' conference in Paris, Minzatu comments: 'Why now? Well, we are living in turbulent times, that is for sure. We can see this geopolitically. Europe has to position itself in relation to the USA, to China, to other parts of the world. But we are also a continent whose productivity is starting to decrease. A continent that is aging. A continent that needs innovation, like the air that it breathes.' Minzatu elaborates; 'There was a package of half a billion euros presented by (EU Commission) President von der Leyen, to support scientists and scientists' careers in Europe. This is not necessarily to attract American or Indian scientists; it is to make Europe the destination of choice in terms of innovation and research. And that means investing in the resources that scientists and innovators require here in Europe.' Challenged on the paradox that France, the co-host of the conference, has actually cut financial credits for its own higher education and research, Minzatu remarks, 'Each member state has its own issues with deficits, and adjustments that it needs to make. But we really need to understand that it's the time to prioritise those (innovation) policies that will fuel our economic growth and will bring more money to our budgets. If you're constantly a consumer, a buyer of products and services that are launched from other competitors, then you cannot be stronger and then your budgets will never grow stronger.' We put it to Minzatu that, apart from the financial constraints, there is still a lot of fragmentation in the EU science market, which is hampering Europe's efforts at global leadership in this sphere. 'This is the situation with many of the policies that we are trying to make stronger in Europe,' Minzatu concurs. 'We are working on the European Research Area, which should be a unified market which can allow for the free circulation of knowledge in the same way that we allow for the free circulation of goods, of capital, of persons, and of skills. We need to have a stronger market, a stronger research area that is not hindered by barriers. This requires political commitment. So it's important that member states also engage in this direction.' On skills – an important part of her remit – Minzatu admits that reskilling in an age of automation is a huge challenge. 'We are proposing a skills guarantee for workers,' Minzatu says. 'We will pilot it this year and next year with a limited amount of money to see how we can work with industries, with social partners, with governments. We want to see how we can invest in the training of workers in companies that are restructuring, so that they can face a new job where they are assisted by AI, or where their job description changes in the same company, or when they transition to a similar industry. We are talking with crucial sectors such as automotive and defence; industries where you have these technical STEM skills. After we pilot this, we want it to become a kind of 'right to train'. In Brussels we talk about this idea a lot; that workers have a right to train, a right to reskill, to upskill.' Minzatu admits, though, that not everyone wants to develop technical or STEM or engineering skills, or to reskill in that direction. 'In Romania I went into universities and high schools to discuss with the young generation. I asked, 'do you want to study to become an engineer in water systems, or to be a technician?' And they didn't. They applied for college, and then they abandoned their university studies. And I said, 'why?' They said, 'Oh, but it's so much easier to be an influencer, to do vlogging on YouTube!'' Minzatu goes on to explain; 'Young people are of course critically unemployed, more so than other categories. But we see since 2012 until the present how in maths, in reading, in literacy overall, their minimal competence is slowly decreasing. This is making us very vulnerable in relation to our competitors because when companies choose destinations to invest, it's no longer about the cheapest resources or human capital. It's about the availability of quality.'
