• Home
  • Politics
  • Health
  • World
  • Business
  • Finance
  • Tech
  • More
    • Sports
    • Entertainment
    • Lifestyle
What's Hot

Miami Beats Florida A&M So Badly They Ended the Game Early

September 11, 2026

More Action Against Gangs in One Month Than in Past Years

September 11, 2026

King Charles ‘Will Never Relent’ to Harry and Meghan’s Public Demand

September 11, 2026
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Friday, September 11
Patriot Now NewsPatriot Now News
  • Home
  • Politics

    Trump’s Promise Of $5,000 Checks Is Already Dead

    September 11, 2026

    That’s It?! Here is Video of the Armed Man ‘Lunging’ at Democrat Ohio Gubernatorial Candidate Amy Acton * The Gateway Pundit * by Cristina Laila

    September 11, 2026

    British MPs Vote AGAINST Assisted Suicide Bill in Victory for Life (VIDEOS) * The Gateway Pundit * by Paul Serran

    September 11, 2026

    The US President Announced a $5,000 Bonus to All Working Americans – Here’s How It Works (VIDEO) * The Gateway Pundit * by Jim Hoft

    September 11, 2026

    The Obamas Lead As Trump Blows Off New York On 9/11 To Go To A Golf Tournament

    September 11, 2026
  • Health

    Medicaid offers simplified way to handle ‘medical frailty’ exemptions

    September 11, 2026

    Cyclospora outbreak: U.S. officials declare end; origin still unknown

    September 11, 2026

    $500 Obamacare, platinum chemo, ADA boycott: Morning Rounds

    September 11, 2026

    New ‘Queen of Hearts’ AI aims to detect hidden-blockage heart attacks

    September 11, 2026

    Lifesaving childhood chemotherapy raises risk of cancer later in life

    September 10, 2026
  • World

    More Action Against Gangs in One Month Than in Past Years

    September 11, 2026

    Ted Cruz’s GOP Convention Speech Interrupted By Chilling Call From The Crowd

    September 11, 2026

    Cuban Regime Indoctrinating Kids with False 2021 Anti-Communism Protest Narrative

    September 11, 2026

    Jimmy Kimmel Spanks Trump With Humiliating ‘Diaper’ Punchline

    September 11, 2026

    London Doubles Down on Decision to Impose Sanctions on Israel

    September 11, 2026
  • Business

    ATF Rule Could Cause Classic Showdown Between Mom And Pop Shops Versus Online Retailers

    July 10, 2026

    Costco Shows That You Can Build A Thriving Business With One Simple Trick (Pay Your Workers)

    July 9, 2026

    The Agency Elizabeth Warren Built Now Advances Trump’s Agenda

    July 9, 2026

    Meta To Shell Out Billions For New AI Data Center Outside US

    July 9, 2026

    How Big Banks Are Scheming To Jack Up Your Fees

    July 8, 2026
  • Finance

    172-year-old bank sees 400% upside for ‘federal bank’ token

    September 11, 2026

    Rates shoot up ahead of CPI data

    September 11, 2026

    Morningstar on SanDisk’s 2,107% Year

    September 11, 2026

    AI, Robotics and the Coming Economic, Military, and Political Revolutions

    September 11, 2026

    Which Technology Stock Is a Better Buy in 2026?

    September 11, 2026
  • Tech

    EXCLUSIVE — Silicon Valley Democrat Turned Trump Supporter Warns Chinese AI Could Shape Americans Through ‘Millions of Small Distortions that Nobody Notices’

    September 11, 2026

    FBI Detects Argentina Teenager Using ChatGPT to Plan School Shooting

    September 11, 2026

    China Pushes Back Against American Allegations of ‘Malicious’ AI Theft

    September 11, 2026

    BOKHARI: Anthropic’s Self-Serving Doomsday Narrative

    September 11, 2026

    Mark Zuckerberg’s AI Golden Child Walks Away from Meta

    September 11, 2026
  • More
    • Sports
    • Entertainment
    • Lifestyle
Patriot Now NewsPatriot Now News
Home»Business»Businesses, tech groups warn EU against over-regulating AI foundation models
Business

Businesses, tech groups warn EU against over-regulating AI foundation models

November 24, 2023No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email
Illustration shows AI (Artificial Intelligence) letters and computer motherboard

AI (Artificial Intelligence) letters are placed on computer motherboard in this illustration taken, June 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights

BRUSSELS, Nov 23 (Reuters) – Businesses and tech groups on Thursday warned the European Union against over-regulating artificial intelligence systems known as foundation models in upcoming AI rules as this could kill nascent start-ups or drive them out of the region.

The plea came as EU countries and EU lawmakers head into the final stretch of negotiations on rules that could set the benchmark for other countries.

One of the biggest bones of contention is foundation models, such as OpenAI’s ChatGPT, which are AI systems that are trained on large sets of data, with the ability to learn from new data to perform a variety of tasks.

“For Europe to become a global digital powerhouse, we need companies that can lead on AI innovation also using foundation models and GPAI,” DigitalEurope, whose members include Airbus (AIR.PA), Apple (AAPL.O), Ericsson (ERICb.ST), Google (GOOGL.O), LSE (LSEG.L) and SAP (SAPG.DE), said in a letter.

“As European digital industry representatives, we see a huge opportunity in foundation models, and new innovative players emerging in this space, many of them born here in Europe. Let’s not regulate them out of existence before they get a chance to scale, or force them to leave.”

Thirty-two European digital associations also signed the letter. GPAI refers to general-purpose artificial intelligence.

The signatories, who said just 3% of the world’s AI unicorns come from the European Union, backed a joint proposal by France, Germany and Italy to limit the scope of AI rules for foundation models to transparency requirements.

See also  Big 10 to Debate Boycott of Texas Tech in all Sports After Controversial Brendan Sorsby Ruling

They also said the current broad scope of the draft AI rules could clash with existing legislation in certain sectors such as healthcare.

“We are increasingly frustrated at what we see as a lack of interest in the effects on the medical sector. Our impression is that people don’t care about the content any more, they just want to get it done. We are simply collateral damage,” said spokesperson Georgina Prodhan at Siemens Healthineers (SHLG.DE).

The companies also rebuffed calls from creative industries for the AI rules to tackle copyright issues.

“The EU’s comprehensive copyright protection and enforcement framework already contains provisions that can help address AI-related copyright issues, such as the text and data mining exemption and corresponding,” they said.

Reporting by Foo Yun Chee; Editing by Sharon Singleton

: .

Acquire Licensing Rights, opens new tab

An agenda-setting and market-moving journalist, Foo Yun Chee is a 20-year veteran at Reuters. Her stories on high profile mergers have pushed up the European telecoms index, lifted companies’ shares and helped investors decide on their move. Her knowledge and experience of European antitrust laws and developments helped her broke stories on Microsoft, Google, Amazon, numerous market-moving mergers and antitrust investigations. She has previously reported on Greek politics and companies, when Greece’s entry into the eurozone meant it punched above its weight on the international stage, as well as Dutch corporate giants and the quirks of Dutch society and culture that never fail to charm readers.

Businesses Foundation groups models overregulating Tech warn
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

James Franklin Blasts ‘Un-American’ Virginia Tech Penalty for High-Fiving Cadets

September 8, 2026

Director Alex Gibney’s Four Hour Doc ‘Musk’ Calls the Trillionaire Tech Mogul a ‘Man Who Has Lost His Mind’

September 8, 2026

City of Dallas Revokes Permits for Leftists Groups Planning to Disrupt the Republican Midterm Convention * The Gateway Pundit * by Mike LaChance

September 6, 2026

Jane Fonda Rants about ‘Tech Bros’ Making Sex Robots and turning Women into ‘Tradwives’

September 5, 2026
Add A Comment

Leave A Reply Cancel Reply

Top Posts

Anthony Davis Leads Lakers Past Golden State

May 3, 2023

China’s Draft Criminal Law Amendment Eyes Corruption in Private Firms

August 1, 2023

Supreme Court Litigator Sentenced For Tax Evasion

July 25, 2026

Judge Greenlights Lawsuit Against Elon Musk’s X/Twitter for Unpaid Staff Bonuses

December 31, 2023
Don't Miss

Miami Beats Florida A&M So Badly They Ended the Game Early

Sports September 11, 2026

Mercy rules are typically used only in Peewee League football, but mercy was called for…

More Action Against Gangs in One Month Than in Past Years

September 11, 2026

King Charles ‘Will Never Relent’ to Harry and Meghan’s Public Demand

September 11, 2026

Ted Cruz’s GOP Convention Speech Interrupted By Chilling Call From The Crowd

September 11, 2026
About
About

This is your World, Tech, Health, Entertainment and Sports website. We provide the latest breaking news straight from the News industry.

We're social. Connect with us:

Facebook Twitter Instagram Pinterest
Categories
  • Business (4,399)
  • Entertainment (6,797)
  • Finance (4,948)
  • Health (2,862)
  • Lifestyle (1,931)
  • Politics (4,565)
  • Sports (5,253)
  • Tech (2,659)
  • Uncategorized (4)
  • World (7,002)
Our Picks

Rumored new faction member interrupts Rhea Ripley and Damian Priest in tense moment on WWE RAW

August 15, 2023

In one town, abortion debate seemed to override everything else

April 18, 2023

How To Treat Dry Hands From Overwashing

October 6, 2023
Popular Posts

Miami Beats Florida A&M So Badly They Ended the Game Early

September 11, 2026

More Action Against Gangs in One Month Than in Past Years

September 11, 2026

King Charles ‘Will Never Relent’ to Harry and Meghan’s Public Demand

September 11, 2026
© 2026 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.