European Companies Urge EU to Delay AI Rules
EUROPEAN UNION, JUL 2 – More than 45 European companies and politicians urge a two-year pause on the AI Act due to unclear rules and delayed guidance, warning it could stifle innovation and competitiveness.
- Earlier this week, 46 European company leaders urged President von der Leyen to pause AI Act obligations to address regulatory uncertainties.
- Stemming from unclear, overlapping regulations and missing guidance on GPAI rules, European business leaders warn of threats to competitiveness.
- European CEOs, US government, and Big Tech pressure reveal lobbying for delays amid unclear AI regulations, exemplified by companies like ASML, Philips, and Google requesting a grace period.
- The European Commission replied that a Code of Practice will be published by end-2025, with a possible pause if guidance is delayed, following a Brussels meeting with US tech representatives.
- Looking ahead, GPAI rules take effect in August 2025, with a potential two-year pause to ensure clarity and competitiveness, impacting Europe's AI leadership.
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Top European companies urge European Commission to halt AI Act
Nearly 50 European enterprises called on the European Commission on Thursday to halt an artificial intelligence (AI) act, warning that unclear and overlapping regulations are threatening the EU's competitiveness in the global AI race, the Financial Times
·Beijing, China
Read Full ArticleWill 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
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Total News Sources55
Leaning Left8Leaning Right5Center5Last UpdatedBias Distribution44% Left
Bias Distribution
- 44% of the sources lean Left
44% Left
L 44%
C 28%
R 28%
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