Siemens warns EU over restrictive rules
Source: The Star
Published on: 2026-04-21 00:07
HANOVER: Siemens AG will prioritise artificial intelligence (AI) investments in the United States and China if the European Union (EU) doesn't adapt its restrictive regulations, according to chief executive officer Roland Busch. Most of the company's €1bil (US$1.2bil) investment in industrial AI will be directed to the United States due to Europe's regulatory burden, Busch said in an interview at the Hanover trade fair. The EU's AI Act and Data Act "miss the mark" by treating industrial AI like consumer applications, adding new layers of oversight to areas already subject to sector-specific rules, he added. "It's complete nonsense to treat industrial and machine data the same way as personal data," Busch said. "I can't explain to my shareholders why I'm investing money in an environment where I'm being held back." Critics said the EU's AI rules are too complicated and contradictory, ...
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