Harmonizing EU rules for startups
Big Tech weren't alone in calling for a more simplified regulatory regime for technology firms operating in Europe.
Several venture capitalists investing in European tech startups also decried complex regulatory compliance burdens on their portfolio companies.
Antoine Moyroud, a partner at Lightspeed Venture Partners, said that whereas the U.S. has been pushing forward initiatives such as the $500 billion Stargate investment project that strike a "hopeful" message around AI," Europe's narrative tends to be more "dramatic."