The EU has published a new bill concerning AI and cloud services and is said to be seeking to restore the market share of companies based outside the region by introducing a certification system governing where data is stored. The scope may be expanded beyond public procurement, potentially extending the impact to industries such as banking and transportation.
The European Union (EU) has published a bill concerning AI and cloud services and indicated a policy of introducing a certification system to manage where data is stored. The stated aim is to ensure data sovereignty.
The rules can be interpreted as intended to restore the market share of companies based outside the region. They may apply beyond public procurement, and the scope is expected to expand in the future.
Concerns are spreading that the impact may extend beyond IT companies to industries closely connected with digital regulation, including banking and transportation.