EU fails to meet deadline to regulate AI amid US lobbying, with concerns over new rules following surge in AI use post-ChatGPT. Efforts to establish a “code of practice” for AI models face criticism from US tech firms and concerns from European lawmakers about diluting regulations. The US government has echoed these criticisms, complicating the EU's regulatory ambition. The outcome hinges on cooperation from major AI companies as August 2 compliance deadline approaches.
https://www.politico.eu/article/eu-deadline-artificial-intelligence-models-lobbying/