Editorial companion

What stands out

Proton's COO Raphael Auphan warned Europe could become a digital colony if its dependence on American cloud and email platforms continues, a point driven home by EuroStack chair Cristina Caffarra on the podcast. The conversation zeroes in on cloud services, chips and Artificial Intelligence (AI) infrastructure, areas where Amazon and Microsoft are deeply entrenched. For investors, the episode is a reminder that procurement rules and regulatory pressure can reshape competitive landscapes as surely as product road maps do.