The Friday File: EU vendor rules, Nvidia on distillation, Poste-TIM

EU governments are pushing to amend rules on high-risk network suppliers, replacing the fixed 36-month phase-out with risk-based criteria. Nvidia CEO Jensen Huang called AI model distillation fair competition rather than theft. Poste Italiane secured an 85.8% stake in Telecom Italia after the final phase of its €13 billion tender offer.

• EU may drop the fixed 36-month phase-out for high-risk vendor gear
• Replacing mobile network equipment in the EU is estimated at €30–40 billion
• Huang: distillation is competition; providers control access to their models
• Poste Italiane holds 85.8% of TIM, short of the 90% delisting threshold