The American ‘Magnificent Seven’ have established a significant lead over their European counterparts, primarily fueled by the remarkable expansion of artificial intelligence. As US technology sectors thrive, Europe’s prominent companies, predominantly operating in conventional industries, find themselves lagging in the rapidly evolving, innovation-centric economy.
Source: https://www.euronews.com/business/2025/07/18/is-europe-losing-the-ai-race-magnificent-seven-widen-gap-over-europes-giants