Can Europe keep its industrial champions in the AI era?

EU leaders are under pressure to simplify AI and data rules as industrial giants like Siemens weigh shifting more investment to the US and China.

Executives say Europe’s regulatory burden is slowing innovation and making it harder to compete with US tax cuts, deregulation, and tariffs.

The European Commission is preparing reforms, including changes to the Data Act and an AI Omnibus package, to reduce complexity.

Industry wants easier data sharing and fewer restrictions, while Brussels is trying to preserve trade secrets and build a broader data economy.