Roland Busch: Siemens to prioritise AI investments in US and China instead of Europe; as CEO Roland Busch says: I cannot explain to my shareholders why I am … |
Siemens is not happy with European Union (EU) regulations related to artificial intelligence (AI). Europe’s biggest engineering company has reportedly threatened to direct a larger share of its AI investments away from EU countries toward the US and China. The company’s CEO, Roland Busch, cited Europe’s restrictive regulations as the reason for this decision. In…