Tech firms, including Meta and Spotify, on Thursday warned the European Union (EU) about the risks of overregulating the AI sector, which would likely stifle innovation. In an open letter that was also endorsed by Italian luxury fashion brand Prada,

BRUSSELS—A group of companies including Meta Platforms, Spotify and Italian luxury-fashion giant Prada warned Thursday that the European Union risks missing out on the full benefits of artificial intelligence because of the bloc’s tech regulations.

Meta and other tech giants warn the EU's current AI regulations could stifle European innovation and economic growth.

A group of companies including Meta and Spotify blasted the European Union Thursday for its "fragmented and inconsistent" decision-making on data privacy and artificial intelligence (AI).

The Facebook parent and other companies are warning in an open letter that the regulations risk hampering innovation and economic growth.

The European Union says it will outline steps to compel Apple to open up its iPhone and iPad operating systems to competing technologies under the bloc’s tough new digital rulebook, which threatens he

EU antitrust regulators on Thursday launched proceedings to ensure that Apple complies with landmark rules requiring it to open up its closed ecosystem to rivals. Under the so-called specification proceedings,

A group of companies including Meta and Spotify blasted the European Union Thursday for its “fragmented and inconsistent” decision-making on data privacy