Sweden’s AI boom threatened by EU regulations
Sweden’s vibrant tech and AI start-up scene is growing rapidly. It encompasses investments of nearly US$1 billion and several companies that are scaling up significantly internationally.
Digital Markets Act expands consumer choice
The EU’s Digital Markets Act (DMA), in effect since 2024, is already showing tangible benefits for consumers, despite objections from tech giants like Apple and Google. The regulation aims to curb anti-competitive practices such as closed ecosystems, service lock-ins, and high prices.
Google urges EU to speed up AI adoption
At the Competitive Europe Summit in Brussels, Kent Walker, Google’s President of Global Affairs, called on the EU to accelerate its use of artificial intelligence, warning that Europe is falling behind China.
EU sticks to timeline for AI regulation
The European Union has confirmed it will stick to its timeline for implementing the AI Act, despite pressure from over 100 tech companies – including Alphabet, Meta, and Mistral AI – calling for a delay.