EU Eyes New Fund to Increase Spending on Twin-Use Applied sciences

The European Union ought to think about making a devoted fund to spice up the event of applied sciences that may serve each navy and civil functions, as a part of its effort to make sure the bloc’s financial safety.

A draft doc, seen by Bloomberg, is one ingredient of an financial safety package deal to be unveiled subsequent week. It’s a part of a broader plan that focuses on important applied sciences similar to chips, AI, quantum computing and biotech — and the know-how and investments regarding them. The goals embody guaranteeing they don’t find yourself within the fallacious fingers.