In layman's terms the proposal here is to take €10 billion of our public money, pile it up and set it on fire, in an obviously futile attempt to "catch up" in the data centre race with Silicon Valley, where ignorant trillionaire psychopaths are torching historically unprecedented amounts of money, causing irreparable harm to the environment and bringing about a financial apocalypse, in the delusional hope of finding a profitable business model for so-called "AI", a vastly overhyped technology that by now many of us are sick of, so that they can create a capitalist nirvana where they fire us all from our jobs and replace us with chatbots, and sell us subscriptions to slop they've recycled out of our common cultural and intellectual heritage, which they stole from us, scanned and then incinerated. "Europe" does not want to "become the first AI continent."