Sure, but there is still a more dense talent pool with SV companies, and training frontier models requires massive amounts of capital. Are Netherlands and Sweden prepared to invest 10s of billions?

My impression is the talent pool for core model development in SV isn't huge and is already grabbed by the usual suspects. Everyone else sloshing in the vague broader AIsphere are application bros whose value in the supply chain is minimal.

Honestly I have a strong suspicion that “the talent pool” will shift towards Europe and China and I believe it’s already happening.

And yes, I do believe Europe will invest in this technology.