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flag CEOs from major European firms call for a two-year delay on the EU's upcoming Artificial Intelligence Act.

flag CEOs from major European companies like Airbus and BNP Paribas are calling for a two-year pause on the EU's Artificial Intelligence Act, set to take effect soon. flag They argue that the complex regulations could stifle innovation and competitiveness in AI. flag The AI Act includes strict rules on transparency, bias, and robustness for AI systems. flag The companies want more time to implement and simplify the rules, fearing additional costs and regulatory hurdles. flag The European Commission has not yet commented on delaying the act.

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