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US Ambassador to EU: EU Must Stop Fining Large Tech Companies to Participate in AI Economy
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US Ambassador to the EU, Andrew Puzder, stated on Friday that the development of AI requires data centers, data, and support from US AI hardware technology. If the EU excessively regulates and imposes hefty fines on large US tech companies, it will weaken these companies' willingness to develop in Europe, making it difficult for the EU to participate in the AI economy. Several tech companies have recently been fined, including Meta (META.US), Apple (AAPL.US), and Google. Additionally, X has also been fined. The EU has also launched an investigation into Snapchat, owned by Snap (SNAP.US), to examine whether it complies with the Digital Services Act regarding child safety. (me/t) Auto-translated by third-party software This translation was auto-generated by third-party software. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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