Tech giants and startups join forces to call for simpler EU rules on AI, data

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As the AI Summit got underway in Paris on Monday, some 60 European companies — from incumbent industrial giants to AI startups (including France’s LLM-maker Mistral) — signed up to an initiative to help establish Europe as a leader in AI.

Christophe Fouquet, President & CEO at chipmaker ASML, also offered canned comment, writing: “At ASML, we believe that cutting-edge AI, combined with Europe’s world-class innovation ecosystem, will drive the next era of technological progress.

Ziv Reichert, partner at Phoenix Court, home to LocalGlobe and Latitude funds, also said: “The EU’s AI Champions Initiative builds on discussions that have long been taking place at both national and enterprise levels.

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Article Details

Author / Journalist: Mike Butcher

Category: Technology

Markets: United StatesFranceGermanyIrelandPoland

Topics: Eu AI Europe

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-10 @ 16:35:14 (1 days ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 963 words

Reading Time: 6 minutes read

Sentences: 36 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 26036022

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