The EU AI Act, which represents a pioneering global legal framework for the AI sector, may face delays that could affect European businesses. The Act outlines potential fines based on global revenue, which could require major tech players like Microsoft, Google, and Amazon to align their strategies with EU requirements. The draft AI Act emphasizes heightened regulation for the next generation of foundation models, including future versions of Microsoft-backed OpenAI's GPT, models from Google and Meta Platforms, and US startup Anthropic.
Key takeaways:
- The European Union's (EU) AI Act is facing uncertainty due to disagreements among lawmakers regarding the regulation of advanced AI, including models like ChatGPT.
- Lawmakers from France, Germany, and Italy are advocating for self-regulation by generative AI makers, contrary to stringent rules, causing a major hurdle in discussions.
- The EU AI Act represents a pioneering global legal framework for the AI sector, outlining potential fines based on global revenue, which may necessitate major tech players like Microsoft, Google, and Amazon to align their strategies with EU requirements.
- The draft AI Act emphasizes heightened regulation for the next generation of foundation models, including future versions of Microsoft-backed OpenAI's GPT, models from Google and Meta Platforms, and US startup Anthropic.