Nine months after passing a landmark AI Act, the EU has become a battlefield for AI companies and rightsholders.

Independent entities designated by the EU to assess medical devices, must check that AI devices also adhere to the AI Act in the future, Molnar said. “When there is an application for a new device to enter the market, it will be one notified body looking for compliance both for MDR and both for AI,” she said.

Wayve, a startup that develops self-driving car technology, is to open a new hub in Germany as it looks to expand internationally, taking on the likes of Tesla and Waymo

The European Center for Medium-Range Weather Forecasts has debuted its own forecast AI model on the heels of a cutting-edge Google model released in December.

Some of Europe's most popular AI-linked stocks fell for a second day on Tuesday, after an analyst note late last week that flagged a possible slowdown by Microsoft on data centre leasing knocked sentiment ahead of make-or-break results from Nvidia .

We recently compiled a list of the 11 Trending AI Stocks on Latest News and Ratings. In this article, we are going to take a look at where Koninklijke Philips N.V. (NYSE:PHG) stands against the other AI stocks.

The chief executive of Deutsche Telekom on Wednesday called on Germany's incoming government and Europe to take on more leadership in the development of artificial intelligence (AI) and data centres to compete with the U.

Europe’s competitiveness was a hot topic of conversation at this year’s World Economic Forum and will be top of mind for European executives as they return to their businesses.

Mistral AI, the French company behind AI assistant Le Chat and several foundational models, is officially regarded as one of France’s most promising tech

Anthropic on Monday closed its latest funding round at a $61.5 billion post-money valuation, the company confirmed to CNBC.

As such, he said developing a generative AI system in Europe is key because “there’s a lot of bias that can be created right from the start in these models” and the EU needs to “develop ...