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