Trump hints TikTok ownership deal reached ahead of talks with Xi
President Donald Trump has suggested that a deal has been struck over TikTok’s U.S. ownership, days before scheduled talks with Chinese President Xi...
The European Union has officially launched its comprehensive “AI Continent” Action Plan, a far-reaching initiative designed to position Europe as a global leader in artificial intelligence.
The plan, announced by the European Commission, comes just months ahead of the AI Act entering into force in August 2025, and aims to promote innovation while reinforcing Europe’s ethical and regulatory leadership in AI.
The AI Continent Action Plan outlines a multi-faceted strategy centered on technological development, infrastructure investment, talent cultivation, and regulatory support—all structured to prepare the bloc for the AI Act’s enforcement and ensure long-term competitiveness.
Five Pillars of the Action Plan
Major Financial Commitments
Governance: Readying for the AI Act
The Action Plan is closely aligned with the AI Act, the world’s first comprehensive legal framework for artificial intelligence, which introduces a risk-based regulatory structure for AI systems.
The AI Act also mandates cooperation between market authorities and fundamental rights bodies to address issues like algorithmic discrimination and privacy violations.
Strategic Goals and Global Implications
With the AI Continent initiative, the EU aims to counter the narrative that its regulatory focus hinders innovation. The Commission emphasizes that this plan offers legal clarity, access to infrastructure, and support for entrepreneurship, all while embedding ethical and rights-based safeguards.
“The AI Continent strategy marks a pivotal shift in Europe’s digital future,” said a senior Commission official. “We’re not just regulating AI—we’re building it, shaping it, and leading it globally.”
Together, the Action Plan and the AI Act place the EU at the forefront of the global push for trustworthy, human-centric AI, setting a benchmark that others may follow as artificial intelligence continues to redefine economies, governance, and societies.
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President Donald Trump has suggested that a deal has been struck over TikTok’s U.S. ownership, days before scheduled talks with Chinese President Xi Jinping.
Senior officials from the United States and China are holding talks in Madrid this week, covering trade disputes, export controls, and the future of TikTok’s US operations. The discussions come as both sides navigate a fragile economic relationship defined by rivalry as much as interdependence.
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