Seven European tech CEOs urge EU to simplify AI rules
NewsBytes | May 6, 2026 2:39 AM CST
EU to unveil tech sovereignty package
The EU is listening. Officials will review the 2024 AI Act this month and plan to announce a "Tech Sovereignty Package" on May 27, aiming to cut red tape and boost Europe's chip and AI industries.
The CEOs also pointed out that fragmented markets and subsidized rivals are holding Europe back, a message they shared after talks with Commission President Ursula von der Leyen.
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