Siemens Scores Win on EU Push to Streamline Industrial AI Rules

Siemens AG and other European tech companies have made headway on reshaping regulation for artificial intelligence in the European Union they say is putting them behind rivals in the US and China.

The bloc, following broader lobbying efforts by industry, has now put forward a set of AI rules that differentiate between industrial and consumer applications on mitigating risks and ethically responsible development of the technology. Siemens Chief Executive Officer Roland Busch last month warned his company would shift AI investments elsewhere unless the rules are changed.