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European Companies Urge EU to Delay AI Rules

  • Chief executives from over 40 major European companies urged the EU to pause its AI Act ahead of the August 2 rules entering into force.
  • The call for delay follows concerns about the absence of a code of practice, which is designed to help firms comply with the AI Act.
  • Companies including Google, Meta, Mistral, ASML, Airbus, and BNP Paribas warn that unclear and overlapping regulations put Europe's AI ambitions and competitiveness at risk.
  • The European Commission plans to publish the voluntary code of practice before August 2, aiming for end of 2025 implementation, with some expecting it to be watered down.
  • This pressure highlights tensions between accelerating AI regulation and supporting innovation, with the Commission pushing back against calls for delay while finalizing guidance.
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Through an open letter, more than 40 leaders of European companies ask the European Union to take a two-year break in the AI Act, the set of rules to regulate artificial intelligence.

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BetaNews broke the news in on Wednesday, July 2, 2025.
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