<p>➀ The article discusses the challenges and opportunities for Europe in the global AI competition.</p><p>➁ It mentions the large-scale investment in AI infrastructure in the US and the emergence of cost-effective language models from China.</p><p>➂ The EU's response with the 'InvestAI' initiative and the 200 billion Euro investment package is highlighted, along with the EU Commission's plan to invest 1.3 billion euros in AI by 2027.</p>