Over 45 leading European companies just publicly urged the EU to pause the rollout of the EU AI Act’s impending rules for high-risk and general-purpose AI (GPAI) systems, citing concerns over regulatory complexity and competitiveness. A July 3 letter from the consortium comes less than a month before tools like GPT-4, DALL-E, Google BERT, and Midjourney 5.1 will become subject to new rules, potentially disrupting innovation and AI ambitions of many European countries. While the European…
By: Fisher Phillips
By: Fisher Phillips