Meta, Spotify CEOs take aim at European AI regulations

Europe, which "has more open-source developers than America", is well placed to make the most of the open-source AI wave, the CEOs said in a joint statement on Friday. "Yet its fragmented regulatory structure, riddled with inconsistent implementation, is hampering innovation and holding back developers." The CEOs said the tech industry in Europe faces "overlapping regulations and inconsistent guidance on how to comply with them" instead of clear rules.