Former European Central Bank (ECB) president, speaking to the Financial Times, stated that Europe does not need to compromise between growth, sovereignty, and its values. Mario Draghi argued the European Union can embrace Artificial Intelligence without allowing dominance by a few powerful entities, or “oligarchs.” He emphasized the importance of the EU leveraging AI for economic growth. Draghi stressed that a crucial component for achieving this is developing sufficient computing capacity within Europe. He believes that investing in this infrastructure is essential to maintain control and benefit from the advancements in artificial intelligence. His comments underscore the need for the EU to proactively shape its digital future and assert its technological independence.