The influential tech giants, Meta and Spotify have voiced their concerns over what they see as overly restrictive AI regulations in the European Union. On friday, Meta CEO Mark Zuckerberg and Spotify CEO Daniel Ek issued joint statements, criticizing the EU’s approach to AI regulation, specifically regarding open-source AI development. The central point in their argument is that the current regulatory environment in the EU is hindering innovation and progress in artificial intelligence. Meta has been particularly vocal about the challenges it faces under EU regulations.

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