EU Countries, Lawmakers Close To Clinching Provisional Deal On Artificial Intelligence Rules, Announcement Could Come In Next Hour, Sources Say
Portfolio Pulse from Benzinga Newsdesk
EU countries and lawmakers are reportedly on the verge of reaching a provisional agreement on artificial intelligence (AI) regulations, with an announcement expected within the next hour, according to sources cited by Reuters.
December 08, 2023 | 9:13 pm
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VGK, an ETF that tracks European stocks, may be indirectly affected by the EU's impending announcement on AI regulations, as it could influence the performance of European tech companies within the fund.
While the ETF VGK itself is not directly related to AI, the regulations could have a significant impact on the tech sector in Europe, which may in turn affect the performance of the ETF. However, the exact impact will depend on the specifics of the regulations and how they are received by the market.
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