ASML, Airbus, Mistral Ask EU to Delay Start of AI Act Rules (1)

European companies including ASML Holding NV, Airbus SE and Mistral AI have called on the European Union to suspend the implementation of its landmark artificial intelligence regulation for two years because they say it puts the continent’s AI ambitions at risk.

In a letter signed by representatives from more than 45 organizations, business leaders asked the president of the European Commission, Ursula von der Leyen, to postpone the application of rules hemming in the most powerful AI models, calling for a more “innovation-friendly regulatory approach.” A significant part of the rules are set to come into force next ...