The European Commission plans to simplify some of its privacy rules, including GDPR, to boost AI growth and cut red tape for businesses in Europe, Politico’s Ellen O’Regan reports. The EU plans to unveil a “digital omnibus” package later this month to simplify many of its tech laws, with draft changes creating new exceptions for AI companies that would allow them to legally process special categories of data to train and operate their tech, O’Regan writes. Publicly traded companies that could be impacted include Meta Platforms (META), Alphabet (GOOG) (GOOGL), Pinterest (PINS), Reddit (RDDT) and Snap (SNAP).
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