Canadian billionaire warns US: Avoid Europe’s AI mistake or lose to China

2026-02-18 - 10:43

Canadian investor Kevin O'Leary warns the US against adopting Europe's stringent AI regulations, fearing it could cede global leadership. He highlights the UAE's pro-business approach as a successful model. O'Leary also stresses the need for a robust power grid and open chip policies to attract global talent and maintain AI dominance, citing historical examples of successful innovation through talent acquisition.