The industry’s largest firms are positioning for growth under mounting regulatory and policy scrutiny by investing in technology and addressing potential risks. From America’s AI Action Plan to the European Union’s AI Act, governments are putting together various levels of oversight. His remarks align with broader efforts to coordinate AI policy, as governments from the United Kingdom to Malaysia weigh targeted oversight frameworks. The U.K. also warned in February that without stronger capital flows and simplified regulation, AI startups may relocate to more favorable markets. For all PYMNTS AI and digital transformation coverage, subscribe to the daily AI and Digital Transformation Newsletters.