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Fortune
Fortune
David Meyer

European AI watches Trump's return with a mix of fear and hope

Former U.S. President Donald Trump arrives to speak during an election night event at the Palm Beach Convention Center on November 06, 2024 in West Palm Beach, Florida. (Credit: Chip Somodevilla—Getty Images)

AI researchers and European startups are watching the U.S. nervously after the re-election of former President Donald Trump.

With AI regulation ratcheting up in Europe, and with tech companies in the region generally attracting less capital than their American counterparts, there are concerns that Trump's deregulatory America First strategy could leave European AI in an even trickier position than it is now.

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