EU waters down AI Act

In a significant policy shift, European Union lawmakers have agreed to revise and water down the landmark AI Act.

The decision follows intense lobbying from major technology firms and industry groups who argued that strict regulations would stifle innovation and competitiveness.

The updated rules will delay the implementation of key enforcement measures until 2027 and ease restrictions on certain high-risk AI applications.

While proponents describe the move as a necessary simplification to ensure the law remains relevant, critics warn that the EU is retreating from its role as a global leader in ethical AI oversight.