As tech giants prepare for major IPOs, Washington and Brussels are actively shaping policies for artificial intelligence, with the US seeking equity stakes and the EU launching a tech sovereignty package.

With SpaceX set to become the first AI-era giant to go public on Friday, governments on both sides of the Atlantic are racing to define their relationship with the industry. Washington is in talks with OpenAI about a government equity stake; Brussels has unveiled a new tech sovereignty package. On this week's Tech 24, we lay out the two very different visions of how to shape artificial intelligence's future.