Experts say that China’s AI development shows that regulation does not have to be a barrier for innovation. View on euronews

I can tell you Europe is absolutely committed to tackling climate change, to developing this green economy, and to making the green transition a European success,” said Nadia Calviño, President of the European Investment Bank.

But the rise of DeepSeek suggests European leading firms like France's Mistral, Germany's Aleph Alpha and many other, smaller ventures could also gain ground in the AI race — perhaps even on the cheap. “This shows that the race for AI is far from being over,” European Commission spokesperson Thomas Regnier told reporters on Tuesday in Brussels.

French AI startup Mistral unveils a breakthrough 24B parameter language model that matches the performance of models three times its size, challenging tech giants with faster speeds and lower computing costs while targeting enterprise deployments.

One of the main problems of the EU AI Act is its risk-based approach to AI regulation. Under the Act, AI systems are classified by their risk level, and high-risk systems will be subject to the most strict requirements. This classification system is problematic for several reasons:

While the EU is implementing sweeping rules to ensure user safety and accountability, U.S. President Donald Trump is rolling back protections and giving more influence to the tech industry.

Europe had multiple AI startups that could plausibly compete with OpenAI and Google. Now it has Mistral.Most Read from BloombergWhat Happened to Hanging Out on the Street?Vienna Embraces Heat Pumps to Ditch Russian GasBillionaire Developer Caruso Slams LA Leadership Over WildfiresHow Sanctuary Cities Are Preparing for Another Showdown With TrumpHoboken PATH Station Will Close for Almost a Month on Jan.

A recent report from the Cedefop Labour and Skills Shortage Index (LSSI) has revealed that nearly every sector in Europe

"It's interesting for Europe to see that we don't need a Stargate project to do something interesting... to innovate, you don't need $500 billion," he said. The shock has battered AI-related tech ...

UVeye, a startup that uses AI-driven technology to inspect vehicles to avoid defects and target repairs, said on Wednesday it has raised $191 million in debt and equity to scale up production in North America and Europe.

Microsoft announces Small, Medium Enterprises and Channel, SME&C, headed by President Ralph Haupter, replaced as EMEA leader by Samer Abu-Ltaif, a day after Q2 Azure softness.