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EU Revamps AI Regulations to Attract U.S. Tech Giants

2/16/2025

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Summary

Story summary

The European Union is rethinking its AI regulations to draw in investment and boost competitiveness for major U.S. tech players like Apple and Google. Digital policy chief Henna Virkkunen is focused on fostering AI innovation while easing compliance hurdles. With a new AI code of practice set for April 2025, the EU aims to balance regulation and creativity.

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Story summary

The European Union is rethinking its AI regulations to draw in investment and boost competitiveness for major U.S. tech players like Apple and Google. Digital policy chief Henna Virkkunen is focused on fostering AI innovation while easing compliance hurdles. With a new AI code of practice set for April 2025, the EU aims to balance regulation and creativity.