The EU’s AI rules sparked a letter signed by 160 tech execs

An open letter to lawmakers within the European Union was issued by greater than 160 executives from tech firms around the globe urging cautious consideration of synthetic intelligence (AI) rules to not stunt the business or markets.

On June 30, executives from firms akin to Renault (EPA:), Meta, Spanish telecom firm Cellnex, and German funding financial institution Berenberg, pointed to the proposed EU Synthetic Intelligence Act, saying it probably dangers the area’s competitiveness and innovation.

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