French AI boom could help EU close U.S., China innovation gap, says Macron

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French AI boom could help EU close U.S., China innovation gap, says Macron
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“It’s insane to have a world where the big giants just come from China and the U.S,” French President Emmanuel Macron told CNBC’s Andrew…

Europe is pursuing AI innovation, tech regulation and competition with China differently than the United States, French President Emmanuel Macron says.PARIS, France — Europe is pursuing AI innovation, tech regulation and competition with China in very different ways than the United States, French President Emmanuel Macron said this week, as the continent seeks to become the third major global tech force in what is now a U.S.-China dominated landscape.

The trade show and the meetings came on the heels of a wave of new private investments in the country, led by a commitment from"The more that AI companies decide to locate in Europe, he said,"the more the European governments will be in the same situation as the U.S. and the Chinese governments." He compared allowing American tech giants to operate under U.S. regulations while in Europe, to allowing a French bank in the United States to ignore American banking regulations.

He said France, for example, does not see a significant national security threat arising from TikTok, the massive social media app owned by China-based ByteDance.

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