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AI News from ET - EU countries, lawmakers fail to reach deal on watered-down AI rules

Vishwadeep Khatri
in AI News & Two Lenses

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European Union nations and Parliament members could not agree on AI regulations. Talks stalled after 12 hours. Discussions will restart in two weeks. Some nations wanted exemptions for industries with existing rules. This failure may benefit Big Tech. European companies focused on safety now face uncertainty. The AI Act aims to regulate high-risk technology.

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