EU 'AI Openness' Concerns & Multinational Investment Decisions

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## Overview Big multinational companies are warning that a perceived lack of 'AI openness' in Europe could deter investment, according to the Financial Times. Executives say they are evaluating countries' regulatory approach to AI before finalizing expansion plans (FT, September 27, 2026). ## Details Executives cited in the FT report suggest that companies are actively weighing AI regulatory friendliness as a factor in where to locate new operations and investment, implying that Europe's more restrictive regulatory posture (including the EU AI Act) could put it at a competitive disadvantage versus other jurisdictions (FT, September 27, 2026). ## Why It Matters - This adds to a growing body of evidence and debate over whether the EU AI Act and broader EU tech regulation are harming European competitiveness in the global AI race. - Comes amid related developments like Apple's Siri EU rollout being blocked after an AI Act exemption was denied, and broader 'Fortress Europe' vs. innovation debates. - For attorneys and businesses, this signals growing corporate lobbying pressure on EU regulators and potential future amendments or carve-outs to AI regulation. ## Connections Related to ongoing EU AI Act enforcement stories, European digital sovereignty debates, and the broader corporate shift toward open AI models (which may be seen as easier to deploy under uncertain regulatory conditions). ## What to Watch - Specific EU policy responses or amendments to address competitiveness concerns. - Which multinationals redirect investment away from Europe as a result. - EU Commission statements addressing the criticism.