It's true the EU AI Act wasn't finalized in 2023, but to assume savvy investors ignore years of policy debate is missing the entire asymmetry of market information.
They absolutely factor in impending legislation, not just what's on the books today, to maximize their upper bound of success.
For example, when GDPR was just a proposal, companies started adapting their data practices long before its official enforcement date.
Waiting for the ink to dry on every regulation before making strategic financial decisions prevents achieving full expression of market potential.