You need to distinguish between which education systems produce people who innovate, vs which countries' capital markets companies get floated on. Compared to the US, the EU doesn't have any large cohesive stock market.
We will soon see how differing national attitudes to strong/weak regulation on AI (vs say data privacy) decide where the investor money goes; just like how national energy and regulatory policy on crypto mining in the last 5 years decided where mining moved to. There's lots of fashionable chatter about AI regulation, but I'm going to predict that there isn't anything like even a weak transnational treaty, meanwhile the 2024(/25) US/UK/Canada elections will see AI-driven exploits pushing the limits.
And the UK is now chasing the tail end of the crypto boom with a promise to have weaker regulation. [0]
[0]: Prof G Markets: ... Andreessen Horowitz’s London Office https://www.youtube.com/watch?v=cPVQPAb6_Ic&t=25m47s