Facing US competition, EU suggests loosening AI, data rules

The EU said Wednesday it is considering streamlining artificial intelligence and data rules as part of a broader push to help European businesses keep up with US and Chinese rivals.

The European Union long heralded its legal arsenal on tech as an example for the world, but the tone has shifted since the return of US President Donald Trump.

Just weeks into his new role, Vice President JD Vance zeroed in on the rules as part of a broadside against the EU’s social and economic model, warning “excessive regulation” on AI in particular could kill the…