**Breaking News: Europe Faces Backlash Over AI Regulation as Industry Leaders Demand Change**

In a dramatic turn of events, major German tech executives are calling for a halt to the European Union’s impending AI regulations, citing fears that these rules could stifle innovation and competitiveness. Julia Royce, Meta’s public policy director for Central Europe, voiced concerns that the rush to implement strict regulations could hinder the very innovation Europe desperately needs.

The CEOs of SAP and Siemens have joined the chorus of dissent, urging Brussels to reconsider the timing and implications of these regulations, which are set to take effect by early August. With Europe grappling with economic recession, the pressure is mounting for policymakers to reassess their approach before it’s too late. Royce highlighted that many companies, especially startups, are overwhelmed by the existing fragmented regulatory environment, which is causing significant delays in product launches and innovation.

The call for a two-year pause resonates across the continent, as industry leaders warn that enforcing these regulations prematurely could have dire consequences for Europe’s technological future. “We need to allow the industry to breathe and reassess the implications of AI on society and the economy,” Royce stated, emphasizing the urgent need for a collaborative approach to regulation that fosters growth rather than stifles it.

As the EU grapples with the balance between regulation and innovation, the stakes have never been higher. With voices from Germany echoing throughout Brussels, the future of AI in Europe hangs in the balance. Will the EU heed the warnings of its tech leaders, or will it plunge ahead, risking the continent’s competitive edge? The clock is ticking, and the outcome remains uncertain.