That's unfair to Europe. A bunch of AI work is done in London (Deepmind is based here for a start)
edit: typos
Deepmind is not an UK company, its google aka US.
Mistral is a real EU based company.
The cloud act and the current US administration doing things like sanctioning the ICC demonstrate why the locations of those desks is important.
And an EU company can't be forced by the US Gov to hand over data.
And no, it's not only americans. I keep hearing this thing from people living in Europe as well (or better, in the EU). I also very often hear phrases like "Switzerland is not in Europe" to indicate that the country is not part of the European Union.
Google DeepMind does exist.