Nine months after passing a landmark AI Act, the EU has become a battlefield for AI companies and rightsholders.

Independent entities designated by the EU to assess medical devices, must check that AI devices also adhere to the AI Act in the future, Molnar said. “When there is an application for a new device to enter the market, it will be one notified body looking for compliance both for MDR and both for AI,” she said.

The chief executive of Deutsche Telekom on Wednesday called on Germany's incoming government and Europe to take on more leadership in the development of artificial intelligence (AI) and data centres to compete with the U.

The European Center for Medium-Range Weather Forecasts has debuted its own forecast AI model on the heels of a cutting-edge Google model released in December.

Some of Europe's most popular AI-linked stocks fell for a second day on Tuesday, after an analyst note late last week that flagged a possible slowdown by Microsoft on data centre leasing knocked sentiment ahead of make-or-break results from Nvidia .

Europe is at risk of becoming a "museum" if it doesn't soften strict curbs on artificial intelligence technologies and deregulate, Sweden's Prime Minister Ulf Kristersson said Thursday at the Techarena event in Stockholm.

Almost 23% of companies employing more than 10 people used one or more AI-based technologies last year, figures from the statistics agency CBS AI monitor have shown. That is nine percentage points up from the previous three years,

Cloud communications software firm Bird, one of the Netherlands' most prominent tech startups, plans to move most of its operations out of Europe, its CEO said, citing restrictive regulations and difficulties hiring skilled technology workers.

AI continues to attract huge sums in investment but much of the capital is going to foundational technology in the U.S.. What are the prospects for European ventures?

Executives at Google and Meta said that Europe’s artificial intelligence industry is being held back by excessive regulation.

Europe’s competitiveness was a hot topic of conversation at this year’s World Economic Forum and will be top of mind for European executives as they return to their businesses.

CEOs of major German and French corporations, particularly those in the DAX and CAC 40 stock indices, have the experience and influence to reinvent Europe.