Germany's Merz says industrial AI needs less stringent EU regulation
Tweet
Share
E-mail
German Chancellor Friedrich Merz and Ireland's Taoiseach (Prime Minister) Micheal Martin (not pictured) hold a press conference at the Chancellery in Berlin, Germany April 16, 2026. REUTERS/Axel Schmidt/File Photo
HANOVER, Germany, April 19 (Reuters) - Germany's Chancellor Friedrich Merz said on Sunday that artificial intelligence for industrial use will require more regulatory freedom in the European Union than other AI areas such as consumer use to boost productivity.
"I will push to ease the regulatory burden in the EU on AI and, where possible, to exempt industrial AI from the current regulatory straightjacket that is too tight for AI within the European Union," Merz said in a speech at the annual industrial fair Hannover Messe.
"AI will contribute to greater efficiency and productivity, optimised use of resources and, above all, reduced costs," he added.
Germany has been eager to catch up with dominant AI players the United States and China in a global race to master a transformational technology and attract high-income jobs.
Last month, Berlin unveiled plans to encourage investments to boost AI data processing capacity at least fourfold by 2030.
(Reporting by Andreas Rinke;Writing by Ludwig Burger; Editing by Lisa Shumaker)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Thousands gather for Seoul queer festival, counter-rally
- China 'strongly dissatisfied' with Pentagon move against top Chinese tech firms
- Thousands gather for Seoul queer festival, counter-rally
Create E-mail Alert Related Categories
ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
