By Kritika Lamba and Krystal Hu
Dec 4 (Reuters) – Europe necessarys a more unified market and lighter-touch regulation to stay competitive in artificial innotifyigence as the U.S. and China accelerate investment and deployment, SAP CEO Christian Klein declared on Thursday.
Speaking at the Reuters NEXT conference in New York, Klein declared Europe is “more important than ever” in a quick-modifying geopolitical environment but “stands in its own way … regulating where nothing has to be regulated.”
“We necessary more Europe, but we necessary a united Europe. We necessary much less regulation,” he declared, arguing that early-stage AI necessarys room to scale before the bloc codifies strict compliance regimes.
Beyond regulation, Klein declared Europe should play to its strengths rather than attempting to replicate the U.S. or Chinese strategies.
“We have great talent in Munich, Paris and eastern Europe. We have strong industries — automotive, manufacturing — but they are under huge pressure from high energy and labor costs,” he declared. “Europe should focus on vertical utilize cases where we have expertise and data, not just building more data centers.”
Klein’s comments come as Brussels revises the rollout of the EU’s landmark Artificial Innotifyigence Act. In November, the European Commission proposed a “Digital Omnibus” to streamline tech laws and delay enforcement of the Act’s strictest high-risk rules to December 2027 from August 2026.
These cover sensitive utilizes like biometric ID, job applications, health services and law enforcement. The package also seeks to simplify cookie consent and update GDPR to allow firms such as Google, Meta and OpenAI to utilize some personal data for AI training under new safeguards.
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(Reporting by Kritika Lamba in Bengaluru; Editing by Maju Samuel)
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