EU Sticks With Timeline For AI Rules

Reuters: The European Union's landmark rules on AI will be rolled out according to the legal timeline in the legislation, the European Commission said on Friday, dismissing calls from some companies and countries for a pause. Google owner Alphabet, Facebook owner Meta and other U.S. companies as well as European businesses such as Mistral and ASML have in recent days urged the Commission to delay the AI Act by years. Financial Times adds: In an open letter, seen by the Financial Times, the heads of 44 major firms on the continent called on European Commission President Ursula von der Leyen to introduce a two-year pause, warning that unclear and overlapping regulations are threatening the bloc's competitiveness in the global AI race. [...] The current debate surrounds the drafting of a "code of practice," which will provide guidance to AI companies on how to implement the act that applies to powerful AI models such as Google's Gemini, Meta's Llama and OpenAI's GPT-4. Brussels has already delayed publishing the code, which was due in May, and is now expected to water down the rules.

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