Latest news with #AI)Act
The Star
2 days ago
- Business
- The Star
AI models with systemic risks given pointers on how to comply with EU AI rules
FILE PHOTO: A copy of "The European Union Artificial Intelligence (AI) Act" on display during the AI & Big Data Expo 2025 at the Olympia, in London, Britain, February 5, 2025. REUTERS/Isabel Infantes/File Photo BRUSSELS (Reuters) -The European Commission set out guidelines on Friday to help AI models it has determined have systemic risks and face tougher obligations to mitigate potential threats comply with European Union artificial intelligence regulation (AI Act). The move aims to counter criticism from some companies about the AI Act and the regulatory burden while providing more clarity to businesses which face fines ranging from 7.5 million euros ($8.7 million) or 1.5% of turnover to 35 million euros or 7% of global turnover for violations. The AI Act, which became law last year, will apply on Aug. 2 for AI models with systemic risks and foundation models such as those made by Google, OpenAI, Meta Platforms, Anthropic and Mistral. Companies have until August 2 next year to comply with the legislation. The Commission defines AI models with systemic risk as those with very advanced computing capabilities that could have a significant impact on public health, safety, fundamental rights or society. The first group of models will have to carry out model evaluations, assess and mitigate risks, conduct adversarial testing, report serious incidents to the Commission and ensure adequate cybersecurity protection against theft and misuse. General-purpose AI (GPAI) or foundation models will be subject to transparency requirements such as drawing up technical documentation, adopt copyright policies and provide detailed summaries about the content used for algorithm training. "With today's guidelines, the Commission supports the smooth and effective application of the AI Act," EU tech chief Henna Virkkunen said in a statement. ($1 = 0.8597 euros) (Reporting by Foo Yun Chee;Editing by Elaine Hardcastle)
The Star
04-07-2025
- Business
- The Star
Artificial intelligence rules to go ahead, no pause, EU Commission says
FILE PHOTO: A copy of "The European Union Artificial Intelligence (AI) Act" on display during the AI & Big Data Expo 2025 at the Olympia, in London, Britain, February 5, 2025. REUTERS/Isabel Infantes/File Photo BRUSSELS (Reuters) -The European Union's landmark rules on artificial intelligence will be implemented according to the timeline agreed by legislators and EU countries, the European Commission said on Friday, dismissing suggestions and pressure from some companies and several EU countries for a temporary pause. "I've seen, indeed, a lot of reporting, a lot of letters and a lot of things being said on the AI act. Let me be as clear as possible, there is no stop the clock. There is no grace period. There is no pause," Commission spokesperson Thomas Regnier told a press conference. "We have legal deadlines established in a legal text. The provisions kicked in February, general purpose AI model obligations will begin in August, and next year, we have the obligations for high risk models that will kick in in August, 2026," he said. (Reporting by Foo Yun Chee)
The Star
03-07-2025
- Business
- The Star
Code of practice to help companies with AI rules may come end 2025, EU says
FILE PHOTO: A copy of "The European Union Artificial Intelligence (AI) Act" on display during the AI & Big Data Expo 2025 at the Olympia, in London, Britain, February 5, 2025. REUTERS/Isabel Infantes/File Photo
The Star
03-07-2025
- Business
- The Star
Explainer-Will the EU delay enforcing its AI Act?
FILE PHOTO: A copy of "The European Union Artificial Intelligence (AI) Act" on display during the AI & Big Data Expo 2025 at the Olympia, in London, Britain, February 5, 2025. REUTERS/Isabel Infantes/File Photo STOCKHOLM (Reuters) -With less than a month to go before parts of the European Union's AI Act come into force, companies are calling for a pause in the provisions and getting support from some politicians. Groups representing big U.S. tech companies such as Google owner Alphabet and Facebook owner Meta, and European companies such as Mistral and ASML have urged the European Commission to delay the AI Act by years. WHAT IS THE AUGUST 2 DEADLINE? Under the landmark act that was passed a year earlier after intense debate between EU countries, its provisions would come into effect in a staggered manner over several years. Some important provisions, including rules for general purpose AI (GPAI) models, are due to apply on August 2. GPAI, which includes foundation models like those made by Google, Mistral and OpenAI, will be subject to transparency requirements such as drawing up technical documentation, complying with EU copyright law and providing detailed summaries about the content used for algorithm training. The companies will also need to test for bias, toxicity, and robustness before launching. AI models classed as posing a systemic risk and high-impact GPAI will have to conduct model evaluations, assess and mitigate risks, conduct adversarial testing, report to the European Commission on serious incidents and provide information on their energy efficiency. WHY DO COMPANIES WANT A PAUSE? For AI companies, the enforcement of the act means additional costs for compliance. And for ones that make AI models, the requirements are tougher. But companies are also unsure how to comply with the rules as there are no guidelines yet. The AI Code of Practice, a guidance document to help AI developers to comply with the act, missed its publication date of May 2. "To address the uncertainty this situation is creating, we urge the Commission to propose a two-year 'clock-stop' on the AI Act before key obligations enter into force," said an open letter published on Thursday by a group of 45 European companies. It also called for simplification of the new rules. Another concern is that the act may stifle innovation, particularly in Europe where companies have smaller compliance teams than their U.S. counterparts. WILL IT BE POSTPONED? The European Commission has not yet commented on whether it will postpone the enforcement of the new rules in August. However, EU tech chief Henna Virkkunen promised on Wednesday to publish the AI Code of Practice before next month. Some political leaders, such as Swedish Prime Minister Ulf Kristersson, have also called the AI rules "confusing" and asked the EU to pause the act. "A bold 'stop-the-clock' intervention is urgently needed to give AI developers and deployers legal certainty, as long as necessary standards remain unavailable or delayed," tech lobbying group CCIA Europe said. The European Commission did not respond immediatelyt to requests for comment. (Reporting by Supantha Mukherjee in Stockholm and Foo Yun Chee in Brussels. Editing by Mark Potter)
