September 20, 2024 4:10 PM

Tech giants push to dilute Europe’s AI Act

The world's biggest technology companies have embarked on a final push to persuade the European Union to take a light-touch approach to regulating artificial intelligence as they seek to fend off the risk of billions of dollars in fines. EU lawmakers in May agreed the AI Act, the world's first comprehensive set of rules governing the technology, following months of intense negotiations between different political groups. But until the law's accompanying codes of practice have been finalised, i...