BRUSSELS, June 3 : The European Commission proposed laws on Wednesday to boost domestic cloud, AI and semiconductor industries and cut reliance on U.S. Big Tech, defying U.S. government criticism of the bloc's crackdown on its industry.The Cloud and AI Development Act and Chips Act 2.0 form part of Europe's p

For critical public contracts, vendors will be required to ensure that software and hardware are made in the EU.

This will have massive implications for competition and the fight against Google, Amazon and Microsoft’s dominance.