Google, Meta execs blast Europe over strict AI regulation as Big Tech ups the ante

Dado Ruvic | Reuters STOCKHOLM — Executives at U.S. tech giants Google and Meta said that Europe's artificial intelligence industry is being held back by excessive regulation, adding to rhetoric from Donald Trump's administration that the region's strict tech rules are choking innovation. Speaking at the Techarena tech conference in Stockholm, Sweden, public policy chiefs at both Google and Meta used the stage as a platform to voice their concerns about the bloc's strict approach to regulating technologies such as AI and machine learning. "I think there is now broad consensus that European regulation around technology has its issues, and sometimes it's too fragmented, like GDPR [General Data Protection Regulation], sometimes it goes too far, like the AI Act," Chris Yiu, Meta's director of public policy, told an audience of tech founders and investors at Techarena on Thursday. "But the net result of all of that is that products get delayed or get watered down and European citizens and ... Read full article.