The EU is falling further behind the US and China in the AI race, and will lose more ground after Brexit, according to a new report. The Information Technology and Innovation Foundation assessed the trio’s AI capabilities by analyzing data across six categories: talent, research, commercial development, hardware, adoption, and data. The think tank found that while the US still holds a substantial overall lead, China is reducing the gap in several important areas — while the EU’s position is slipping: Absent significant policy changes in both the EU and United States — particularly the EU changing its regulatory system to be more innovation-friendly, and the United States developing and funding…

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