PANews reported on November 7th that, according to the Financial Times, the European Commission, under immense pressure from major tech companies and the US government, has proposed suspending parts of its landmark artificial intelligence (AI) law. The EU plans to relax some digital rules in a decision on November 19th, under a framework called "Simplification." The EU has faced significant pressure from the US government, major tech companies, and European groups regarding its AI law, considered the world's strictest regulatory framework for AI technology development. A senior EU official stated that the EU has been in contact with the Trump administration regarding adjustments to the AI law and other digital regulations. The draft law suggests the EU is considering providing a one-year grace period for companies that violate rules on the highest-risk uses of AI, and also proposes postponing the implementation of penalties for violations of the new AI transparency rules until August 2027.PANews reported on November 7th that, according to the Financial Times, the European Commission, under immense pressure from major tech companies and the US government, has proposed suspending parts of its landmark artificial intelligence (AI) law. The EU plans to relax some digital rules in a decision on November 19th, under a framework called "Simplification." The EU has faced significant pressure from the US government, major tech companies, and European groups regarding its AI law, considered the world's strictest regulatory framework for AI technology development. A senior EU official stated that the EU has been in contact with the Trump administration regarding adjustments to the AI law and other digital regulations. The draft law suggests the EU is considering providing a one-year grace period for companies that violate rules on the highest-risk uses of AI, and also proposes postponing the implementation of penalties for violations of the new AI transparency rules until August 2027.
The EU plans to postpone the implementation of parts of its artificial intelligence legislation.
PANews reported on November 7th that, according to the Financial Times, the European Commission, under immense pressure from major tech companies and the US government, has proposed suspending parts of its landmark artificial intelligence (AI) law. The EU plans to relax some digital rules in a decision on November 19th, under a framework called "Simplification." The EU has faced significant pressure from the US government, major tech companies, and European groups regarding its AI law, considered the world's strictest regulatory framework for AI technology development. A senior EU official stated that the EU has been in contact with the Trump administration regarding adjustments to the AI law and other digital regulations. The draft law suggests the EU is considering providing a one-year grace period for companies that violate rules on the highest-risk uses of AI, and also proposes postponing the implementation of penalties for violations of the new AI transparency rules until August 2027.
Market Opportunity
Major Price(MAJOR)
$0.11331
$0.11331$0.11331
USD
Major (MAJOR) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Thyroid Eye Disease (TED) Treatments Market Nears $4.3 Billion by 2032: Emerging Small Molecule Therapies Targeting Orbital Fibroblasts Drive Revenue Growth – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Thyroid Eye Disease Treatments Market – Global Forecast 2025-2032” report has been added to ResearchAndMarkets.com’s offering. The thyroid
Share
AI Journal2025/12/20 04:48
Virtus Equity & Convertible Income Fund Announces Special Year-End Distribution and Discloses Sources of Distribution – Section 19(a) Notice
HARTFORD, Conn.–(BUSINESS WIRE)–Virtus Equity & Convertible Income Fund (NYSE: NIE) today announced the following special year-end distribution to holders of its
Share
AI Journal2025/12/20 05:30
Fed rate decision September 2025
The post Fed rate decision September 2025 appeared on BitcoinEthereumNews.com. WASHINGTON – The Federal Reserve on Wednesday approved a widely anticipated rate cut and signaled that two more are on the way before the end of the year as concerns intensified over the U.S. labor market. In an 11-to-1 vote signaling less dissent than Wall Street had anticipated, the Federal Open Market Committee lowered its benchmark overnight lending rate by a quarter percentage point. The decision puts the overnight funds rate in a range between 4.00%-4.25%. Newly-installed Governor Stephen Miran was the only policymaker voting against the quarter-point move, instead advocating for a half-point cut. Governors Michelle Bowman and Christopher Waller, looked at for possible additional dissents, both voted for the 25-basis point reduction. All were appointed by President Donald Trump, who has badgered the Fed all summer to cut not merely in its traditional quarter-point moves but to lower the fed funds rate quickly and aggressively. In the post-meeting statement, the committee again characterized economic activity as having “moderated” but added language saying that “job gains have slowed” and noted that inflation “has moved up and remains somewhat elevated.” Lower job growth and higher inflation are in conflict with the Fed’s twin goals of stable prices and full employment. “Uncertainty about the economic outlook remains elevated” the Fed statement said. “The Committee is attentive to the risks to both sides of its dual mandate and judges that downside risks to employment have risen.” Markets showed mixed reaction to the developments, with the Dow Jones Industrial Average up more than 300 points but the S&P 500 and Nasdaq Composite posting losses. Treasury yields were modestly lower. At his post-meeting news conference, Fed Chair Jerome Powell echoed the concerns about the labor market. “The marked slowing in both the supply of and demand for workers is unusual in this less dynamic…
Share
BitcoinEthereumNews2025/09/18 02:44