European Tech Leaders Urge Simpler EU AI Regulations
CEOs from seven major firms including ASML and Siemens called for simpler AI rules. They urged the EU to support growth and industrial policy to help firms.
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Seven European tech CEOs, including ASML HOLDING NV leader Christophe Fouquet, demanded the European Union simplify AI regulations in a May 5 opinion piece. The group, including AIRBUS SE and SAP SE, urged policy changes ahead of the bloc's May 27 Tech Sovereignty Package. Investors are monitoring whether deregulation will help European firms compete with subsidized rivals currently dominating the fragmented regional market.
