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Vance Warns Europeans That Heavy AI Regulations Could Stifle Innovation

U.S. Vice President JD Vance warned European leaders on Tuesday that heavy regulation on artificial intelligence (AI) could stifle the industry’s potential, arguing that “massive” regulations in Europe might “kill a transformative industry.” Speaking at the AI summit in Paris, Vance expressed opposition to the European Union’s strict regulatory approach, particularly criticizing the Digital Services Act and GDPR privacy rules, which he argued impose legal compliance costs on smaller firms.

Vance emphasized that AI must remain free from ideological bias and rejected the idea of AI being used as a tool for “authoritarian censorship.” In his speech, he argued that while ensuring safety online is important, it should not extend to restricting access to opinions deemed “misinformation” by governments. The U.S. delegation, led by Vance, did not sign the final statement of the summit, which endorsed principles of inclusive, ethical, and safe AI, diverging from the positions of Europe and other countries.

Vance also took the opportunity to address competition from China, warning about partnering with authoritarian regimes, which he said could pose a risk to nations’ information infrastructure. His comments seemed to reference the recent rise of Chinese startup DeepSeek, which challenged U.S. AI leadership with its freely distributed AI model.

While European leaders like French President Macron and European Commission chief Ursula von der Leyen supported trimming regulatory red tape, they stressed that regulation is crucial for ensuring trust in AI. Macron called for “trustworthy AI,” while von der Leyen assured that the EU would reduce bureaucracy and invest more in AI development.

The U.S. and the UK did not explain why they did not sign the final statement, but the decision aligns with their focus on encouraging innovation over regulatory measures. Russell Wald, executive director at the Stanford Institute for Human-Centered Artificial Intelligence, noted that the U.S. policy shift suggests a focus on accelerating innovation rather than safety-focused regulations.

Key Quotes from US Vice President JD Vance’s AI Speech at the Paris Summit

U.S. Vice President JD Vance delivered his first major international speech on Tuesday, outlining the artificial intelligence (AI) policies of the Trump administration. Emphasizing innovation, deregulation, and the protection of free speech and U.S. workers, Vance positioned AI as the dawn of a new industrial revolution. Below are key quotes from his address:

  • “I’m not here this morning to talk about AI safety, which was the title of the conference a couple of years ago. I’m here to talk about AI opportunity.”
  • “The Trump administration believes that AI will have countless revolutionary applications in economic innovation, job creation, national security, health care, free expression, and beyond. To restrict its development now would not only unfairly benefit incumbents in this space, but it would mean paralyzing one of the most promising technologies we have seen in generations.”
  • “This administration will ensure that American AI technology continues to be the gold standard worldwide, and we are the partner of choice for other foreign countries and certainly businesses as they expand their own use of AI.”
  • “Excessive regulation of the AI sector could kill a transformative industry just as it’s taking off. We’ll make every effort to encourage pro-growth AI policies, and I’d like to see that deregulatory flavor making its way into a lot of the conversations at this conference.”
  • “We feel very strongly that AI must remain free from ideological bias, and that American AI will not be co-opted into a tool for authoritarian censorship.”
  • “The Trump administration will maintain a pro-worker growth path for AI, so it can be a potent tool for job creation in the United States.”
  • “The United States of America is the leader in AI and our administration plans to keep it that way.”
  • “America wants to partner with all of you. We want to embark on the AI revolution before us with the spirit of openness and collaboration. But to create that kind of trust, we need international regulatory regimes that foster the creation of AI technology rather than strangle it, and we need our European friends in particular to look to this new frontier with optimism.”
  • “The Trump administration is troubled by reports that some foreign governments are considering tightening screws on U.S. tech companies with international footprints. America cannot and will not accept that, and we think it’s a terrible mistake.”
  • “At this moment, we face the extraordinary prospect of a new industrial revolution. But it will never come to pass if over-regulation deters innovators from taking the risks necessary to advance the ball.”
  • “The Trump administration will ensure that AI systems developed in America are free from ideological bias and never restrict our citizens’ right to free speech.”
  • “We’ve also watched as hostile foreign adversaries have weaponized AI software to rewrite history, surveil users, and censor speech. Some authoritarian regimes have stolen and used AI to strengthen their military intelligence and surveillance capabilities.”
  • “We will always center American workers in our AI policy. We refuse to view AI as a purely disruptive technology that will inevitably automate away our labor force.”
  • “We must focus now on the opportunity to catch lightning in a bottle, unleash our most brilliant innovators, and use AI to improve the well-being of our nations and their peoples.”

Founders Fund in Talks to Back Anduril Industries at $28 Billion Valuation

AI-powered defense startup Anduril Industries is negotiating a new funding round that could elevate the company’s valuation to $28 billion, sources revealed on Friday. Peter Thiel’s Founders Fund is expected to lead this funding round, which could raise as much as $2.5 billion. This follows Anduril’s last funding round in August, where the company raised $1.5 billion at a $14 billion valuation.

Founders Fund has supported Anduril since its inception in 2017, and one of Anduril’s co-founders, Trae Stephens, is a partner at the firm. Despite the significant backing, Founders Fund declined to comment on the details of the latest round, which was first reported by CNBC.

Based in Costa Mesa, California, Anduril develops autonomous weapons and sensors, including drones, for military applications. The company has also announced plans to build a large-scale weapons manufacturing facility in Ohio to enhance its production capabilities. Additionally, Anduril launched the Lattice for Mission Autonomy in 2023, an AI-driven software for coordinating autonomous systems in human-supervised missions.

Anduril’s founder, Palmer Luckey, is well-known for creating Oculus VR, which was acquired by Facebook in 2014 for $2.3 billion. U.S. Vice President JD Vance, who previously worked as a venture capitalist, has invested in Anduril and holds stakes in the company. Thiel, a long-time Republican donor and co-founder of Palantir Technologies, has backed multiple conservative political figures, including President Donald Trump’s 2016 campaign and Vance’s 2022 Senate bid.