Software Firm Bird To Leave Europe Due To Onerous Regulations in AI Era, Says CEO

Published by admin on

Cloud communications software firm Bird, one of the Netherlands’ most prominent tech startups, plans to move most of its operations out of Europe, its CEO said, citing restrictive regulations and difficulties hiring skilled technology workers. From a report: “We are mostly leaving Europe as it lacks the environment we need to innovate in an AI-first era of technology,” CEO Robert Vis told Reuters on Monday. “We foresee that regulations in Europe will block true innovation in a global economy moving extremely fast to AI,” he said in a text message response to Reuters queries. Bird’s operations in future will be mostly split between New York, Singapore and Dubai, he said.

Categories: Leben (Life aka misc)

Related Posts

Leben (Life aka misc) NewsFlash

🤩

To do nothing is to be nothing.

Leben (Life aka misc)

1 In 8 Cancer Cases Worldwide Are Due to Infections

An estimated 2.3 million cancer cases worldwide in 2024, about one in eight, were attributable to infections, according to a study published in The Lancet Oncology. “This recent Lancet data is a profound reminder that Read more…

Creativity Leben (Life aka misc)

Paramount and Warner Bros. Discovery to Become Skydance

Paramount and Warner Bros. Discovery will operate under the Skydance name once their roughly $110 billion merger closes, which is expected on October 6. The combined company will bring together Paramount+, HBO Max, CBS, CNN, Read more…