It can buy you approx. 1000 senior engineers for 20+ years. I’d say that’s a lot.

A lot of top notch engineers that will earn well enough to remain in Europe.

Well, according to another comment the total they raised recently is closer to 40B. No idea if that true or not, but either way limitations can often lead to breakthroughs, as we saw with Deepseek. There's almost always many more ways to succeed than just throwing money at a problem.

Which more and more seems a very questionable strategy