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EU Considers Diluting AI Act, Offering Potential Reprieve for U.S. Tech Stocks
EU Considers Diluting AI Act, Offering Potential Reprieve for U.S. Tech Stocks
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BTCCSquare news:
The European Commission is reportedly reconsidering stringent provisions in its AI Act, sparking Optimism among U.S. tech investors. A proposed grace period for violations involving high-risk AI systems—including generative AI platforms like ChatGPT—could delay enforcement until 2027.
Brussels confirmed ongoing deliberations about softening compliance timelines, particularly for foundational model providers. The MOVE follows earlier efforts to streamline adoption through voluntary codes of practice focused on transparency and risk mitigation.
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