Alibaba Group Holding LtdEuropean firms like Siemens use Alibaba's Qwen models, boosting demand for Alibaba's AI services.
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.
Alibaba Group Holding LtdEuropean firms like Siemens use Alibaba's Qwen models, boosting demand for Alibaba's AI services.
NVIDIA CorporationUS AI curbs push European firms to diversify away from US providers, reducing reliance on Nvidia.
Astera Labs, Inc.
Siemens AktiengesellschaftSiemens uses multiple AI models including Chinese and European, but impact is mixed as it diversifies away from US providers.
Uber Technologies Inc
Orange S.A.Orange warns about US restrictions and emphasizes need for European AI control, potentially benefiting from push for domestic alternatives.
Renault SARenault is mentioned as using a mix of AI providers, but no specific impact on its business is detailed.
Costco Wholesale Corp
SAP SE
Siemens Healthineers AGUS order for Anthropic to suspend access to its models for foreign nationals reduces its market reach.
European firms seeking domestic alternatives may boost demand for ChapsVision's AI services.
European firms diversifying to Chinese models like DeepSeek increases demand for its AI services.