Xavier Niel Warns Europe: Seize AI Opportunity or Risk Being Left Behind

French tech mogul Xavier Niel warns that Europe risks becoming irrelevant if it fails to capitalize on the AI boom, as it lags behind the U.S. and China in innovation. Despite promising startups like Mistral AI, Europe must act swiftly to leverage its strengths in privacy, transparency, and talent. Niel emphasizes the need for a balanced approach to regulation to avoid stifling innovation, as echoed by other tech leaders. Europe's future competitiveness in AI could determine its global standing, with calls for a new strategy to foster technological growth.