Source: NewsBytes

NewsBytes reports that the European Union is standing firm on its decision to implement the landmark AI Act according to the originally planned timeline, despite sustained lobbying from major technology companies to delay the regulation. The article details how the AI Act is set to be one of the world’s first comprehensive regulatory frameworks for artificial intelligence, introducing strict requirements for transparency, accountability, and safety. The EU’s decision comes in response to calls from over 150 companies—including leading US and European tech firms—to push back the law’s rollout, citing concerns about compliance costs, innovation barriers, and global competitiveness.

EU officials, however, argue that robust regulation is necessary to safeguard European values, fundamental rights, and consumer safety. The article emphasizes that the EU views clear rules as essential for fostering trustworthy AI adoption and maintaining digital sovereignty. Industry groups warn that smaller companies may struggle with the law’s complexity and financial demands. The piece concludes by noting that while Brussels acknowledges these challenges, it is prioritizing public interest and the long-term stability of the digital ecosystem over industry convenience.