Interesting line in the article: "Bosch, which holds most of the AI patents in Europe, plans to invest an additional 2.5 billion euros ($2.90 billion) by the end of 2027 in the field".

I agree that over-regulation is a competitive concern, but so is the level of investments in Europe, which is shockingly low. If one of the European companies with the biggest investments in AI is spending $3B over several years, Europe will absolutely not be able to compete, regardless of regulations.

Speaking of, does anyone know of any concrete impacts of the EU AI Act? There was lots of chest-thumping on both sides of the Atlantic for different reasons when it happened.

Did model providers have to do a lot of work to comply? Beyond delayed launches of AI models / products, was there any other major hit? Did some potential AI companies not get started in the EU because of this?

There's only one major LLM provider in EU currently and that is Mistral. I wonder what's their compliance burden.