Competition, chips, AI on table at first U.S.-EU trade and tech meet

WASHINGTON: The United States and the European Union hope to discuss chip shortages, artificial intelligence (AI) and tech competition issues during the first Trade and Tech Council (TTC) meeting this week, senior U.S. administration officials said on Monday.

On Thursday, Reuters was first to report the actions the United States and the European Union are planning to announce from the first TTC meeting, such as taking a more unified approach to limit the growing market power of Big Tech.

Earlier this month, the White House announced that the council would meet for the first time on Sept. 29 in Pittsburgh.