Europe loosens reins on AI – and US takes them off

EU and US unshackle regulations in quest for growth, and is the AI bubble about to burst? In tech, the European Union is deregulating artificial intelligence; the United States is going even further. The AI bubble has not popped, thanks to Nvidia's astronomical quarterly earnings, but fears persist. And Meta has avoided a breakup for a similar reason as Google. The hundreds of billions of dollars being spent on AI are overwhelming Europe's commitment to digital privacy and stringent tech regulation.