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Euronews
Euronews
Egle Markeviciute, EU Tech Loop, Euronews

Can Europe keep its industrial champions in the AI era?

This week, social media is buzzing with German Siemens CEO Roland Busch stating to Bloomberg that he thinks investing in China and the United States is more logical, given the regulatory burden the company is experiencing in the EU.

“It’s nonsense to treat industrial and machine data the same way as personal data... I can’t explain to my shareholders why I’m investing money in an environment where I’m being held back,” he said.

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