Overview

• Meta’s Chief Global Affairs Officer Joel Kaplan said the Code of Practice creates legal uncertainties and exceeds the scope of the AI Act.
• The EU introduced the Code of Practice on July 10 to guide transparency, safety and copyright compliance for general-purpose AI providers.
• OpenAI and French firm Mistral have signed the voluntary guidelines, and Microsoft is reportedly preparing to follow suit.
• More than 110 companies including Airbus, ASML and Siemens have called for a two-year pause on AI Act enforcement to address compliance concerns.
• From August 2, general-purpose AI models must disclose training data and security risks or face fines of up to 7 percent of global turnover.