EU's Groundbreaking AI Regulations Face Uncertainty Amid Rise of Generative AI and Big Tech Opposition

European Union's Artificial Intelligence Act, the world's first comprehensive AI regulation, is facing pushback on the final details of governance systems that support AI services. Authorities are navigating between big tech companies advocating against stifling innovation and the necessity of safeguards for advanced AI systems. EU lawmakers' effort to include regulations extended to foundation models has sparked resistance from the EU's three biggest economies advocating for self-regulation. Amidst this, global powers like the U.S., U.K., China are rushing to set …

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