European companies claim the EU’s AI Act could ‘jeopardise technological sovereignty’

 A flag of the European Union The letter warns that the strict rules for generative AI outlined in the AI Act have ‘consequences.’ | Photo by Philipp von Ditfurth/picture alliance via Getty Images

Some of the biggest companies in Europe have taken collective action to criticize the European Union’s recently approved artificial intelligence regulations, claiming that the Artificial Intelligence Act is ineffective and could negatively impact competition. In an open letter sent to the European Parliament, Commission, and member states on Friday, and firs...

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