According to @business, Parmy Olson argues via Bloomberg Opinion that AI sovereignty is undermined because many non-US businesses depend on American cloud providers and that governments should leverage costly local infrastructure to nurture domestic firms rather than chase symbolic sovereignty goals (source: @business; @opinion). The post establishes that the current state is continued non-US reliance on US cloud, and it provides no new tickers, capex figures, or implementation timelines that would create immediate trading catalysts (source: @business). The commentary does not reference cryptocurrencies or decentralized infrastructure, and it does not outline direct crypto market impacts (source: @business).