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No, full stack made in Europe. From silicon (microchips) upwards. Including cloud platforms, e-commerce, AI, and more.

Hopefully they'll funnel a lot of investment in to growing and adopting existing open source projects from Europe.
Image for example if all EU institutions used their Office 365 license fees and instead invested in LibreOffice development, and all adopted LibreOffice

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EuroStack – A European Alternative for Digital Sovereignty | Spyke