Overview

• Siemens CEO Roland Busch labels the upcoming Data Act “toxic for digital business models” and says new data rules should take priority over data-center investments.
• SAP chief Christian Klein argues that no AI project has failed for lack of computing capacity and cautions against emulating the US focus on infrastructure.
• Both executives declined to sign an industry moratorium letter, insisting that only substantive changes to the legislation will address regulatory contradictions.
• The European Commission has refused to postpone the AI Act’s September implementation even as it admits the associated code of conduct may not arrive until late 2025.
• Industry leaders warn that overlapping obligations under the 2024 AI risk classifications and the forthcoming Data Act will undermine Europe’s competitiveness in global AI markets.