No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Tuesday, February 17, 2026
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Startups

European AI leaders join forces to push two-year pause on AI Act: All you need to know

by TheAdviserMagazine
8 months ago
in Startups
Reading Time: 2 mins read
A A
European AI leaders join forces to push two-year pause on AI Act: All you need to know
Share on FacebookShare on TwitterShare on LInkedIn


A group of European business and tech leaders is urging the European Commission (EC) to delay the full rollout of the EU AI Act.

The announcement comes out of a concern that the new regulation could slow down growth, lead to inconsistent enforcement, and harm innovation in Europe.

“At a time of unprecedented technological, economic, and geopolitical change, Europe’s ability to lead in AI innovation and adoption will be critical to meet the competitiveness and sovereignty challenges so clearly identified by Mario Draghi – especially in our most established and strategic industries. Unfortunately, this balance is currently being disrupted by unclear, overlapping, and increasingly complex EU regulations. This puts Europe’s AI ambitions at risk, as it jeopardises not only the development of European champions, but also the ability of all industries to deploy AI at the scale required by global competition,” says the letter.

Starting in August, new rules for using AI will be rolled out in phases. CEOs are requesting a more innovation-friendly approach and a delay in the proposed legislation.

“This postponement, coupled with a commitment to prioritise regulatory quality over speed, would send innovators and investors around the world a strong signal that Europe is serious about its simplification and competitiveness agenda,” read the letter.

Urging for a two-year pause on AI Act

More than 45 signatories from the EU AI Champions Initiative, a coalition of over 120 European industrial leaders and AI innovators, have co-signed an open letter urging Brussels to implement a two-year pause on major obligations of the AI Act.

The letter, addressed to President von der Leyen and the European Commissioners, proposes a two-year “clock-stop” on key obligations of the AI Act, delaying enforcement until practical standards and implementation guidance are in place.

This delay would affect obligations for general-purpose AI models (GPAI) starting in August 2025 and for high-risk AI systems beginning in August 2026 and 2027, says the EU AI Champions Initiative.

This window should be used to simplify and align the digital regulatory landscape, particularly through the upcoming Digital Omnibus and Digital Fitness Check.

The two-year pause calls for strategic implementation to make sure that regulations protect essential values without stifling innovation or compromising industrial leadership.

“As representatives of European companies deeply committed to the European project and to the development of trustworthy, human-centric AI, which must, of course, be subject to simplified and practical regulation, we are convinced that Europe has a unique opportunity to lead in the global AI economy. That opportunity will only be realised if we act now and with determination and collaboration at its core,” concludes the letter.

The letter is signed by startups such as Black Forest Labs and Mistral, as well as established firms like Mercedes-Benz, Siemens Energy, and Lufthansa. 



Source link

Tags: ActEuropeanForcesjoinleadersPausePushTwoYear
ShareTweetShare
Previous Post

Sentrycs to integrate extra layer into Rafael’s Drone Dome

Next Post

Sweden’s Nordic Air Defence secures €2.5M to accelerate Europe’s drone defence revolution

Related Posts

edit post
UnionPay Cardholders Gain Access to Cash at NCR Atleos Cashzone ATMs Across the UK

UnionPay Cardholders Gain Access to Cash at NCR Atleos Cashzone ATMs Across the UK

by TheAdviserMagazine
February 17, 2026
0

Add Silicon Canals to your Google News feed. ATLANTA–(BUSINESS WIRE)–NCR Atleos Corporation (NYSE: NATL) (“Atleos”), a leader in expanding self-service...

edit post
ACI Connetic Accelerates Global Adoption as UK Banks Can Now Unite SWIFT, CHAPS and Faster Payments on One Cloud-Native Platform

ACI Connetic Accelerates Global Adoption as UK Banks Can Now Unite SWIFT, CHAPS and Faster Payments on One Cloud-Native Platform

by TheAdviserMagazine
February 17, 2026
0

Add Silicon Canals to your Google News feed. First ACI Connetic UK deployment marks pivotal milestone as country prepares for...

edit post
York IE Expands Paid Media Capabilities to Help Marketers Turn Ad Spend Into Predictable Pipeline

York IE Expands Paid Media Capabilities to Help Marketers Turn Ad Spend Into Predictable Pipeline

by TheAdviserMagazine
February 16, 2026
0

Enhanced offering gives B2B marketing teams unified visibility across search, social, and programmatic and connects every dollar spent to measurable...

edit post
The Weekly Notable Startup Funding Report: 2/16/26 – AlleyWatch

The Weekly Notable Startup Funding Report: 2/16/26 – AlleyWatch

by TheAdviserMagazine
February 16, 2026
0

The Weekly Notable Startup Funding Report takes us on a trip across various ecosystems in the US, highlighting some of...

edit post
Caliber Releases Inaugural Stakeholder Intelligence Report

Caliber Releases Inaugural Stakeholder Intelligence Report

by TheAdviserMagazine
February 16, 2026
0

Add Silicon Canals to your Google News feed.   COPENHAGEN, Denmark–(BUSINESS WIRE)–Caliber, a stakeholder intelligence platform helping organizations build and...

edit post
Psychology says people who always arrive 10 minutes early instead of right on time usually display these 9 traits most people never develop

Psychology says people who always arrive 10 minutes early instead of right on time usually display these 9 traits most people never develop

by TheAdviserMagazine
February 16, 2026
0

Add Silicon Canals to your Google News feed. You know that person who’s always sitting in the parking lot scrolling...

Next Post
edit post
Sweden’s Nordic Air Defence secures €2.5M to accelerate Europe’s drone defence revolution

Sweden's Nordic Air Defence secures €2.5M to accelerate Europe’s drone defence revolution

edit post
Israeli quantum startup Qedma just raised  million, with IBM joining in

Israeli quantum startup Qedma just raised $26 million, with IBM joining in

  • Trending
  • Comments
  • Latest
edit post
Medicare Fraud In California – 2.5% Of The Population Accounts For 18% Of NATIONWIDE Healthcare Spending

Medicare Fraud In California – 2.5% Of The Population Accounts For 18% Of NATIONWIDE Healthcare Spending

February 3, 2026
edit post
North Carolina Updates How Wills Can Be Stored

North Carolina Updates How Wills Can Be Stored

February 10, 2026
edit post
Gasoline-starved California is turning to fuel from the Bahamas

Gasoline-starved California is turning to fuel from the Bahamas

February 15, 2026
edit post
Where Is My 2025 Oregon State Tax Refund

Where Is My 2025 Oregon State Tax Refund

February 13, 2026
edit post
Key Nevada legislator says lawmakers will push for independent audit of altered public record in Nevada OSHA’s Boring Company inspection 

Key Nevada legislator says lawmakers will push for independent audit of altered public record in Nevada OSHA’s Boring Company inspection 

February 4, 2026
edit post
Grand Rapids Could Become a Boomtown as Investment Money Pours In

Grand Rapids Could Become a Boomtown as Investment Money Pours In

February 12, 2026
edit post
7 Hardware Store Buys to Slash Summer Bills Before They Spike

7 Hardware Store Buys to Slash Summer Bills Before They Spike

0
edit post
Dave Ramsey Says He Couldn’t Get His ‘Head Around The Idea’ Of Buying A K Purse, Then He Bought One For His Wife – ‘It Blew My Mind’

Dave Ramsey Says He Couldn’t Get His ‘Head Around The Idea’ Of Buying A $5K Purse, Then He Bought One For His Wife – ‘It Blew My Mind’

0
edit post
Supercharge Your Network: 5 Tips to Jumpstart Old Connections

Supercharge Your Network: 5 Tips to Jumpstart Old Connections

0
edit post
Gainers & Losers: Fractal Analytics, Infosys among 6 stocks in limelight on Tuesday

Gainers & Losers: Fractal Analytics, Infosys among 6 stocks in limelight on Tuesday

0
edit post
248. “Her spending scares me. Should we get married?”

248. “Her spending scares me. Should we get married?”

0
edit post
UnionPay Cardholders Gain Access to Cash at NCR Atleos Cashzone ATMs Across the UK

UnionPay Cardholders Gain Access to Cash at NCR Atleos Cashzone ATMs Across the UK

0
edit post
Dave Ramsey Says He Couldn’t Get His ‘Head Around The Idea’ Of Buying A K Purse, Then He Bought One For His Wife – ‘It Blew My Mind’

Dave Ramsey Says He Couldn’t Get His ‘Head Around The Idea’ Of Buying A $5K Purse, Then He Bought One For His Wife – ‘It Blew My Mind’

February 17, 2026
edit post
UnionPay Cardholders Gain Access to Cash at NCR Atleos Cashzone ATMs Across the UK

UnionPay Cardholders Gain Access to Cash at NCR Atleos Cashzone ATMs Across the UK

February 17, 2026
edit post
7 Hardware Store Buys to Slash Summer Bills Before They Spike

7 Hardware Store Buys to Slash Summer Bills Before They Spike

February 17, 2026
edit post
Gainers & Losers: Fractal Analytics, Infosys among 6 stocks in limelight on Tuesday

Gainers & Losers: Fractal Analytics, Infosys among 6 stocks in limelight on Tuesday

February 17, 2026
edit post
Lower Rates, ARMs Return, and When to Refi

Lower Rates, ARMs Return, and When to Refi

February 17, 2026
edit post
248. “Her spending scares me. Should we get married?”

248. “Her spending scares me. Should we get married?”

February 17, 2026
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Dave Ramsey Says He Couldn’t Get His ‘Head Around The Idea’ Of Buying A $5K Purse, Then He Bought One For His Wife – ‘It Blew My Mind’
  • UnionPay Cardholders Gain Access to Cash at NCR Atleos Cashzone ATMs Across the UK
  • 7 Hardware Store Buys to Slash Summer Bills Before They Spike
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.