US AI curbs push European firms to diversify providers

IndustryRegulation Impact 4
โดย Reuters·Read original
Summary · why it matters

U.S. restrictions on access to some artificial intelligence services are accelerating efforts by major European companies to spread risk across multiple AI providers and strengthen domestic alternatives. Executives from Siemens, Renault Group, Orange, and ChapsVision told Reuters at the VivaTech conference in Paris that they already use a mix of U.S., Chinese, and European models to avoid dependence on any single provider. Siemens said it uses Chinese models DeepSeek and Alibaba's Qwen alongside Nvidia's Nemotron and other U.S. and European models, while Orange warned that the recent U.S. order for Anthropic to suspend access to its Fable 5 and Mythos 5 models for foreign nationals made it patently clear how important it is for Europe to have an AI service it can control. Cost pressures are also mounting, with Orange noting that token costs are rising sharply as companies adopt automated software agents, citing Uber as an example of a firm that burned through its 2026 token budget in just four months.

Impact on stocks 10

Artificial Intelligence± Mixed · 3 stocks
Alibaba Group Holding Ltd
9988
▲ PositiveDemandrelevance

European firms like Siemens use Alibaba's Qwen models, boosting demand for Alibaba's AI services.

NVIDIA Corporation
NVDA
▼ NegativeRegulationrelevance

US AI curbs push European firms to diversify away from US providers, reducing reliance on Nvidia.

Robotics & Physical AI · 2 stocks
Siemens Aktiengesellschaft
SIE
± MixedDemandrelevance

Siemens uses multiple AI models including Chinese and European, but impact is mixed as it diversifies away from US providers.

Communication Services · 1 stocks
Orange S.A.
ORA
▲ PositiveRegulationrelevance

Orange warns about US restrictions and emphasizes need for European AI control, potentially benefiting from push for domestic alternatives.

Consumer Discretionary · 1 stocks
Renault SA
RNO
± MixedDemandrelevance

Renault is mentioned as using a mix of AI providers, but no specific impact on its business is detailed.

Consumer Staples · 1 stocks
Cloud & Digital Infrastructure · 1 stocks
Health Care · 1 stocks

Theme Impact 5

Off-coverage companies 3

AnthropicPrivate▼ Negative
Regulationrelevance

US order for Anthropic to suspend access to its models for foreign nationals reduces its market reach.

ChapsVisionPrivate▲ Positive
Demandrelevance

European firms seeking domestic alternatives may boost demand for ChapsVision's AI services.

DeepSeekPrivate▲ Positive
Demandrelevance

European firms diversifying to Chinese models like DeepSeek increases demand for its AI services.

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