Plenty folks in Europe work for American businesses, including tech, it’s just super duper hard to scale a business as quick as it is in the US for a variety of reasons - regulation, funding, labor laws, euro idea of work life balance, …
Yet I can ask a Chinese frontier model in Russian how to say the phrase in Hungarian. How do they manage to achieve that?
Combine it with the fact that in the media of every country the US comes far ahead of any other UE countries in terms of coverage (on any topic), you have a recipe that no amount of deregulation can ever fix.