Donald Trump may have given ‘biggest-ever European gift’ to Apple, Google, Microsoft and other tech companies

The European Union (EU) is scaling back its tech regulations to push investment in artificial intelligence (AI), according to European Commission’s digital policy chief Henna Virkkunen. She, however, added that the move is driven by the bloc’s own competitive ambitions and not pressure from US Big Tech companies or the Trump administration.

Virkkunen told the Financial Times that the EU aims to “help and support” companies navigating AI rules, emphasising the bloc’s desire to boost competitiveness and avoid missing out on the transformative potential of AI. She stressed the importance of minimising reporting obligations for European companies.