European Lawmakers Reach Political Deal on AI Regulation #

European lawmakers have reached a political deal on regulating artificial intelligence (AI), taking a step towards establishing a comprehensive AI law in Western countries.

The proposed legislation, known as the European Union’s Artificial Intelligence Act, would be the latest in a series of regulations introduced by the bloc. These regulations are expected to have a global impact on the tech industry and could affect major players such as Meta Platforms, Apple, and Google’s parent company, Alphabet. The EU has previously implemented legislation that addressed competition and online content rules, which directly impacted these large U.S. tech companies.