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Artificial Intelligence: Businesses, tech groups warn EU against over-regulating AI foundation models, ET Telecom

Artificial Intelligence: "For Europe to become a global digital powerhouse, we need companies that can lead on AI innovation also using foundation models and GPAI," DigitalEurope, whose members include Airbus, Apple, Ericsson, Google, LSE and SAP, said in a letter.

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Businesses and Tech Groups Warn EU Against Over-regulating AI Foundation Models

Companies and tech associations warned the European Union not to overly regulate artificial intelligence systems as this could destroy startups or force them to relocate. Read more.

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Businesses, tech groups warn EU against over-regulating AI foundation models

Businesses, tech groups warn EU against over-regulating AI foundation models
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EU Warned by Experts, AI Models Could be Over-Regulated Out of Existence

EU's AI regulations could be fatal to startups, says businesses and tech groups. European Union's artificial intelligence regulations, dubbed as the 'AI Act' has reportedly caused businesses and tech groups to voice out their concerns, warning the EU that over-regulation of AI foundation models could prove fatal to startups, stifling innovative players.

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European companies unite to oppose overregulation of AI, citing innovation risks: Details

Businesses and tech groups caution against excessive regulation of foundation models in forthcoming EU AI rules, fearing it could stifle start-up growth or force relocation.

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