According to Hartung, bureaucracy and strict requirements make Europe less attractive for investment in AI. It proposes that the regulation is limited only to the most important aspects.
Hartung said Bosch plans to invest 2.5 billion euros in AI until the end of 2027. Wendor is working on autonomous driving, industrial systems and solutions for various applications.
Reuters said that after Trump’s announcement of $ 500 billion investments, the European Union should keep up with the development of AI and the EU planned 200 billion euros.
Source: Ferra

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