European and American Firms Advocate for Postponement of AI Act
4 day ago / Read about 0 minute
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A coalition of prominent European and American companies has collectively appealed to the European Union to defer the enforcement of the AI Act by at least two years. They contend that the current legislation may inadvertently stifle the advancement of artificial intelligence within the EU. Bloomberg reports that the appeal letter was endorsed by 45 organizations, encompassing ASML Holding NV, Airbus, and France's Mistral AI. Furthermore, associations representing Google and Meta have likewise expressed opposition to the Act, citing similar concerns.