Tech industry giants urge EU to streamline AI regulations
AI News
SEPTEMBER 19, 2024
Meta has spearheaded an open letter calling for urgent reform of AI regulations in the EU. The letter, which garnered support from over 50 prominent companies – including Ericsson , SAP , and Spotify – was published as an advert in the Financial Times. The collective voice of these industry leaders highlights a pressing issue: Europe’s bureaucratic approach to AI regulation may be stifling innovation and causing the region to lag behind its global counterparts. “Europe has become les
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