Magnificent Seven widen gap over Europe's giants as AI race heats up
www.euronews.com
The US ‘Magnificent Seven’ have pulled far ahead of Europe’s corporate giants, driven by massive AI growth. While US tech surges, Europe’s top firms—mostly in traditional sectors—struggle to keep pace in the new innovation-driven economy.

He pointed to overregulation, fragmentation, and weak productivity as structural weaknesses, and urged European leaders to act on the 2024 report led by former ECB President Mario Draghi, which recommended €800 billion in annual investment to strengthen industrial competitiveness.