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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Will The EU Delay Enforcing Its AI Act?
With less than a month to go before parts of the European Union's AI Act come into force, companies are calling for a pause in the provisions and getting support from some politicians. European companies have urged the AI act to be delayed by years.
·New Delhi, India
Read Full ArticleThrough 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.
·Portugal
Read Full ArticleCoverage Details
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Leaning Left6Leaning Right4Center4Last UpdatedBias Distribution43% Left
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L 43%
C 29%
R 29%
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