Top executives from Meta Platforms and Alphabet have amped up the heat on the European Union (EU) over its perceived failure to foster innovation in artificial intelligence. In particular, the EU’s AI Act, which tightly controls the type and nature of AI systems allowed in the bloc, was seen as going “too far” by META director of public policy Chris Yiu. “The net result of all of that is that products get delayed or get watered down and European citizens and consumers suffer.” Source: Meta and Google Slam EU on AI Regulation