Competing and innovating in the fast moving SOTA end of the llm space requires a ruthless disregard for copyright, IP, bureaucracies, formalities, risk assurances and other slowdowns. It requires a risk tolerant, quick and large flowing investment of capital. It requires a scoped focus that is pragmatic and sharp about key concerns, and efficiently dismissive of meaningless details.
Europe can provide none of this. They will never be at the frontier of AI tech, for the same reason they were never at the frontier of any tech.
I say this as a software engineer from Europe.