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<\/p>\nMistral CEO and co-founder Arthur Mensch has urged Europe to invest more in AI infrastructure amid fears that the continent is falling behind the US and China in tech development.<\/p>\n
\u201cIt\u2019s important to have European players coming to the game<\/a>,\u201d Mensch said at the Visionaries Unplugged conference in Paris yesterday. \u201cEurope needs to invest in owning and operating the infrastructure so that the money that is being made will not just go back to the hyperscalers in the US.\u201d<\/p>\n Mensch was joined at the conference by a cohort of tech luminaries, including DeepMind founder Demis Hassabis, LinkedIn co-founder Reid Hoffman, Anthropic founder Dario Amodei, and former Google CEO Eric Schmidt. Many of them echoed Mensch\u2019s sentiment.\u00a0\u00a0<\/span><\/p>\n \u201cAmbition in Europe is on par or higher than the US \u2014 it\u2019s not a talent problem but a structural one,\u201d said Schmidt.\u00a0<\/span><\/p>\n TNW Conference FLASH SALE is LIVE<\/p>\n This week only, take advantage of our 2 for 1 offer on General<\/a> Attendee and Corporate Passes. Ends 21 February.<\/p>\n<\/div>\n<\/div>\n Xavier Niel, a French billionaire tech investor, added the continent must retain control over AI developments.<\/span><\/p>\n \u201cModels built in the US and China are not built with the same kind of life we have in Europe,\u201d said Niel, whose telecommunications firm Iliad recently pledged<\/span> \u20ac3bn to advance AI development in France.<\/span><\/p>\n \u201cI don\u2019t want our kids relying on models that are not created with the same rules that we have in Europe, for people in my country or my continent to not have models they can rely on.\u201d<\/span><\/p>\n Founders and investors at the event repeatedly called\u00a0for regulation in Europe that is \u201cflexible enough\u201d to support innovation and competitiveness, according to a press release.\u00a0<\/span><\/p>\n The call comes as the EU pushes ahead with its landmark AI Act, which <\/span>entered force<\/span> last year. The act lays out a rulebook for governing AI based on risk levels, designed to ensure the technology<\/a> is deployed safely, transparently, and ethically.\u00a0\u00a0\u00a0<\/span><\/p>\n The US, meanwhile, is moving in a very different direction. While the EU imposes strict rules, the Trump administration is removing AI protections and giving tech sector leaders prominent roles in government.<\/p>\n At the AI Action Summit in Paris this week, US Vice President JD Vance <\/span>criticised<\/span> the EU\u2019s efforts to regulate the burgeoning AI sector. He said the Trump administration will not accept foreign governments \u201ctightening the screws\u201d on US tech firms.<\/span><\/p>\n<\/p><\/div>\n If you liked the article, do not forget to share it with your friends. Follow us on\u00a0Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n If you want to read more like this article, you can visit our Technology category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n\n