This article briefly:

The European Union is concerned about U.S. restrictions on investment in Chinese artificial intelligence companies, fearing they could affect European companies.

Senior EU officials are in talks with U.S. lawmakers over the restrictions, which could apply to Americans anywhere, affecting global commerce.

Against this backdrop, Germany plans to increase foreign direct investment in key sectors such as semiconductors and artificial intelligence.

The United States and China are trying to take on each other in the artificial intelligence (AI) race, and the European Union (EU) is concerned that this could hurt its companies’ business.

The United States has imposed a number of restrictions on China's development of artificial intelligence. Countries are in a state of cold war, what impact will this have on Europe?

The EU has expressed similar concerns.

Senior EU officials are concerned about U.S. restrictions on outbound investment by certain Chinese companies, Bloomberg reported. They worry that the law could affect European companies funded by U.S. investors and run by Chinese owners.

In August, it was reported that the Biden administration passed an order prohibiting private equity and venture capital firms from investing in Chinese quantum computing, advanced chip and artificial intelligence companies.

Therefore, EU officials are negotiating with US lawmakers on the matter. Nevertheless, a US Treasury spokesman explained that the orders are narrowly targeted and focus only on US national security interests.

But Bloomberg's sources claim:

“While the executive order is narrow in scope, targeting a select number of Chinese companies working primarily in fields related to artificial intelligence, quantum computing, and advanced semiconductors, it could apply to Americans anywhere in the world.”

Despite a US ban on Chinese companies investing abroad, Germany's vice-chancellor wants to boost foreign direct investment (FDI) in key sectors such as semiconductors and artificial intelligence.

The United States has been trying to suppress China's development of artificial intelligence on the grounds of national interests. As part of the crackdown, it has introduced new chip restrictions to limit China's access to American semiconductors.

Do you have anything to say about the Sino-US artificial intelligence war or anything else? #欧盟  #人工智能