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EU business leaders say AI Act needs to be postponed

Abstract AI symbol hovering in front of the European Union flag with a shallow depth of field.
Photo: Getty Images

Thomas Hyrkiel

1 min read
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Open letter undersigned by leaders of banks, manufacturers and AI companies calls for a delay and a simplification of the incoming AI regulatory regime.

The impressive list of signatories includes co-CEO of payments company Adyen, CTO of airline Lufthansa, CEO of aircraft manufacturer Airbus, CEO of French bank BNP Paribas and CEO of insurance operator Axa amongst many others. 

They state that their companies collectively employ hundreds of thousands across the content and

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