A group of companies including Meta and Spotify blasted the European Union Thursday for its "fragmented and inconsistent" decision-making on data privacy and artificial intelligence (AI).

Tech firms, including Meta and Spotify, on Thursday warned the European Union (EU) about the risks of overregulating the AI sector, which would likely stifle innovation. In an open letter that was also endorsed by Italian luxury fashion brand Prada,

The letter signed by 49 companies and researchers argues that EU rules are damaging AI development — but is this really all about Meta’s battle to promote its Llama large language model?

Thirty companies, including US giant Meta (Facebook, Instagram), as well as researchers and associations, are calling on the European Union to “clarify” its regulations on artificial intelligence, in their open letter made public today.

A group of companies including Meta and Spotify blasted the European Union Thursday for its "fragmented and inconsistent" decision-making on data privacy and artificial intelligence (AI).

While the EU’s robust data privacy laws and new AI regulations are designed to protect consumers and ensure ethical practices, Big Tech argues that the current approach may stifle innovation and compe