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EU's AI Chip Pact: A Quiet US Deal?
8 Jul
Summary
- EU and Germany, Greece signed Pax Silica Declaration June 23.
- Mandate began in March, resolved in June with little media coverage.
- EU committed $40bn to US AI chips, separate from declaration.
On June 23, the European Commission, alongside Germany and Greece, officially adopted the Pax Silica Declaration, with the Netherlands joining independently on the same day. This move represents the largest single market to join an existing bloc of over 20 nations, marking a substantial shift in global AI supply chains.
The process leading to this agreement began in March but faced initial objections. The mandate was ultimately approved in June, notably with scarce coverage in major EU media outlets. Public awareness of the negotiations lagged, with full details emerging only after the decision was finalized.
Concurrently, during this same negotiating period, the EU pledged to procure at least $40 billion in US-made AI chips. This commitment is distinct from the Pax Silica Declaration but occurred within the same timeframe. The integration of this pledge with the Commission's own chip-sovereignty package, presented shortly after the council mandate, remains publicly undocumented.
