EU AI rules stifle innovation, Meta and Spotify CEOs warn

Zuckerberg and Ek’s concerns highlight the need for balanced regulation of emerging technologies.

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Meta and Spotify, two of the most influential tech giants, have joined forces to voice their concerns over what they see as overly restrictive AI regulations in the European Union. 

In a public alignment, Meta CEO Mark Zuckerberg and Spotify CEO Daniel Ek published joint statements on Friday, criticizing the EU's approach to AI regulation, particularly regarding open-source AI development.

The crux of their argument is the assertion that the current regulatory environment in the EU is hindering innovation and progress in artificial intelligence.

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