Chamber of Progress @progresschamber.org · May 7 European policymakers today agreed on an AI Omnibus, which would extend compliance deadlines, simplify rules for SMEs, and simplify overlapping requirements. But existing uncertainty, particularly around AI training, remains a hurdle for AI companies in Europe.
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Mario Draghi’s report on EU Competitiveness points to an emerging crisis, with European productivity and innovation falling behind the US and China. The report found that the EU’s complex regulations and an incomplete single market is hampering broader competitiveness efforts.