The European Union has launched a voluntary code of practice for general-purpose artificial intelligence aimed at helping tech firms comply with the upcoming AI Act, effective next month. Targeting major companies like OpenAI, Microsoft, Google, and Meta, the guidelines emphasize transparency, copyright protection, and safety. Although not legally binding, adopting this code may reduce administrative burdens and enhance legal clarity for businesses. Companies must disclose training data for AI systems and perform risk assessments to prevent misuse, such as the development of biological weapons. The broader AI Act, passed last year, will see penalties for noncompliance enforced from August 2026, with fines up to €35 million or 7% of global revenue. While some firms are reviewing the guidelines, industry resistance has surfaced, with critics claiming the rules have been softened by lobbying efforts. Despite opposition, the EU is committed to leading AI regulation while balancing innovation and safety.
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