Europe announces plans to ease AI regulations in bid to become heavyweight

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Europe says it will ease regulations on artificial intelligence at a key AI summit in Paris on Feb. 11, 2025, that brought together the U.S. and other global tech giants and politicians. But some experts see bigger challenges stalling the bloc’s ambitions to be an AI heavyweight, from the need to pool resources to attracting more investment and talent. After U.S. President Donald Trump’s massive Stargate investment project and China’s DeepSeek startup, Europe wants to get a share of the artificial intelligence pie. Among other announcements at the Paris summit, co-host French President Emmanuel Macron outlined plans for $113 billionmore

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Vance tells Europeans that heavy regulation could kill AI 

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Paris — U.S. Vice President JD Vance told Europeans on Tuesday their “massive” regulations on artificial intelligence could strangle the technology, and rejected content moderation as “authoritarian censorship.” The mood on AI has shifted as the technology takes root, from one of concerns around safety to geopolitical competition, as countries jockey to nurture the next big AI giant. Vance, setting out the Trump administration’s America First agenda, said the United States intended to remain the dominant force in AI and strongly opposed the European Union’s far tougher regulatory approach. “We believe that excessive regulation of the AI sector could kill amore

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EU’s AI push to get $50 billion boost, EU’s von der Leyen says

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PARIS — Europe will invest an additional $51.5 billion to bolster the bloc’s artificial intelligence ambition, European Commission Ursula von der Leyen said on Tuesday. It will come on top of the European AI Champions Initiative, that has already pledged 150 billion euros from providers, investors and industry, von der Leyen told the Paris AI Summit. “Thereby we aim to mobilize a total of 200 billion euros for AI investments in Europe,” she said. Von der Leyen said investments will focus on industrial and mission-critical technologies. Companies which have signed up to the European AI Champions initiative, spearheaded by investment companymore

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France seeks AI boom, urges EU investment in the sector

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French President Emmanuel Macron wants Europe to become a leader in the artificial intelligence (AI) sector, he told a global summit of AI and political leaders in Paris Monday where he announced that France’s private sector has invested nearly $113 billion in French AI. Financial investment is key to achieving the goal of Europe as an AI hub, Macron said in his remarks delivered in English at the Grand Palais. He said the European bloc would also need to “adopt the Notre Dame strategy,” a reference to the lightning swift rebuilding of France’s famed Notre Dame cathedral in five yearsmore

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