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 european market


Why US must assert industrial dominance in light of China-Europe ties

FOX News

As President Donald Trump has argued, America's economic security is our national security, whether it's reshoring jobs in critical industries or promoting robust commerce to create the jobs and technologies that will drive the world economy during this new Golden Age and into the future. America is already the leader in AI, finance, healthcare, manufacturing, agriculture, energy and more – but that position can still be threatened not just by China, our greatest economic adversary, but also by some of our oldest allies in the European Union. As China seeks to weaken the U.S. and expand its global influence, it's eyeing the 27-nation EU as a partner against American industry. In critical sectors – auto manufacturing, clean energy, technology, aerospace and defense – China is tightening its grip on European markets. In critical sectors – auto manufacturing, clean energy, technology, aerospace and defense – China is tightening its grip on European markets.


EU: Proposed Artificial Intelligence Law Could Affect Employers Globally

#artificialintelligence

Companies with employees in the European Union (EU) could be affected by a landmark proposal to regulate the use of artificial intelligence (AI) across the region. The EU Artificial Intelligence Act, now working its way through the legislative process, is expected to shape technology and standards worldwide. The act comprises a broad set of rules seeking to regulate the use of AI across industries and social activities, noted Jean-François Gerard, a Brussels-based attorney for Freshfields Bruckhaus Deringer. The AI regulation proposes a sliding scale of rules based on risk: the higher the perceived risk, the stricter the rule, he said. The proposal would classify different AI applications as unacceptable, high, limited or minimal risks, according to a client briefing Gerard helped produce.


Junior Data Engineer (m/f/d)

#artificialintelligence

At FREE NOW we are at the most exciting point in our history - building a world-class product used daily by more than a million people. We are a part of one of the most dynamic spaces for innovation in the world today: shaping mobility. Our daily business is solving large-scale, highly complex problems – and we love it. As a new "family member" you will stretch, learn, grow, and have fun doing it in a creative, diverse and collaborative environment. Don't join FREE NOW because of our perks or great office locations, join us if you can't wait to disrupt the mobility industry with us!


(Senior) BI/Data Analyst - Analytics Enablement (m/f/d)

#artificialintelligence

FFREE NOW is the multi-service mobility joint venture backed by BMW Group and Daimler AG. Next to ride hailing, FREE NOW also offers micro-mobility services and car sharing. It consists of the services FREE NOW (10 European markets), Βeat (5 Latin American and 1 European market) and hive (e-scooter and e-bikes in 3 European markets). Summed up, those services currently attract 45 million users in 17 markets and more than 150 cities. FREE NOW is therefore the biggest multi-service mobility provider in Europe and the fastest-growing ride-hailer in Latin America. FREE NOW works with various third party providers to offer their customers an even wider range of options to get from A to B. In total, more than 2,200 employees in around 35 offices work for the services of FREE NOW, which is led by CEO Marc Berg.


So Much More Than Electric Vehicle Charging: US-Pioneer Volta Enters The European Market

#artificialintelligence

Volta Inc. ("Volta"), the industry leader in commerce-centric electric vehicle ("EV") charging, announced its expansion into the European market, with an initial focus on Germany, Austria, Switzerland, and France. The announcement was made at the NOAH Conference in Zurich. With unique charging stations that feature high-impact, large-format digital screens located near the entrances of premier commercial locations, Volta's network is among the most utilized in the U.S. For consumers, Volta provides seamless, reliable charging that complements their daily lives and routines. For site partners, the eye-catching displays and premium station locations help drive business by attracting more customers for longer periods of time. For advertisers, Volta stations double as an innovative, digital out-of-home advertising platform, allowing brands to reach shoppers seconds before they enter a store to make a purchase.


5 Best Practices for Testing AI Applications

#artificialintelligence

In light of the April 2021 announcement of the world's first legislative framework for regulating Artificial Intelligence (AI), the European Artificial Intelligence Act (EU AIA), now is an opportune time for developers to revisit their strategies for testing AI applications. Incoming regulations mean that the group of stakeholders who care about your testing results just got bigger and more involved. The stakes are high, not least because companies that violate the terms of the legislation could face fines higher than those levied under the General Data Protection Act (GDPR). For the purpose of transparency, certain types of AI also have to make their accuracy metrics available to users, which adds to the pressure to get functional testing right. Following on from Applause's step-by-step guide to training and testing your AI algorithm, this article summarizes how developers should be testing AI applications in anticipation of the new era of AI regulations.


Top 5 RegTech companies trending in the European market

#artificialintelligence

RegTech is the management of regulatory processes within the financial industry through technology. The main functions of RegTech include regulatory monitoring, reporting, and compliance. Europe is home to about 140 regtech startups- 30% of those startups specialize in compliance management, 27% focus on know your customer (KYC) and anti-money laundering (AML) automation, and 26% leverage technology and data to provide risk management tools, according to a data provided by XAnge, a Franco-German venture capital firm. London headquartered ComplyAdvantage is a RegTech company that leverages uses AI and ML to help firms manage compliance obligations. The company provides data intelligence to help firms understand the risk of who they're doing business with, while automating compliance and risk processes.


InsurTech Rising International INVYO Insights Europe : Media Fintech

#artificialintelligence

For this new edition 2019, the Insurtech Rising International will gather more than 450 attendees, 55 investors and 120 insurtech coming from 33 countries around the world. Insurance leaders are facing strategic and operational challenges and have to think about the new customer experience. Therefore, in terms of potential size, the European market is one of the biggest in the World. Almost 96% of traditional French insurers would like to collaborate with insurtech in the form of partnerships or "Solution-as-a-Service" (SaaS) models. In Europe, Health insurance (€0.2 trillion) continue to attract companies and it is growing strongly at 3-4%.