HANOVER: Siemens AG will prioritise artificial intelligence (AI) investments in the United States and China if the European Union (EU) doesn’t adapt its restrictive regulations, according to chief executive officer Roland Busch.

Most of the company’s €1bil (US$1.2bil) investment in industrial AI will be directed to the United States due to Europe’s regulatory burden, Busch said in an interview at the Hanover trade fair.