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US tech giants warn Europe that ditching US tech giants could cost €115B

US hyperscalers argue EU cloud sovereignty plans could inflict €115B in costs

By GPU Data Hub Desk · GPU Data Hub·Editorial standards·
US tech giants warn Europe that ditching US tech giants could cost €115B

An industry lobbying organisation representing major American technology providers has cautioned European regulators over plans to promote independent cloud infrastructure. Backed by enterprises including Amazon, Google, and Meta, the group warned that isolating the European market from US cloud platforms could result in economic damages of €115 billion. The warning comes as European institutions debate stringent digital sovereignty frameworks.

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This summary was written by the GPU Data Hub desk from reporting published by The Register on 14 Oct 2026, 12:45. Read the full article at the original publisher.

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