Germany to launch sovereign tech fund to secure digital infrastructure
Germany is set to launch a sovereign tech fund to support the open source software that underpins the internet amid fears the US could withdraw support for this neglected but crucial building block of digital infrastructure. Initial backing of €3.5 million per annum for the fund is far less than campaigners hoped for. But supporters see it as a crucial first step to bolstering European resilience against internet security flaws, for example, that can cripple companies and research institutions.