U.S. Raises Concerns to EU Over Proposed AI Law Hurting Small Firms

U.S. warned EU that its AI law would favor big tech while hurting smaller firms, according to documents obtained by Bloomberg.

U.S. focused on EU Parliament version, saying some rules are vague and undefined.

U.S. concerned EU law focuses on AI model development rather than risk of use.

U.S. said EU rules could dampen productivity, lead to job/investment migration.

U.S. believes EU law would limit competitiveness and investment in AI research and commercialization.