BRUSSELS, May 7 – European Union member states and parliament negotiators reached a tentative compromise Thursday on groundbreaking artificial intelligence regulations that have been significantly weakened from their original form, with implementation timelines pushed back after lobbying from governments and industry groups.
Cyprus, currently serving as the rotating president of the EU Council, announced the development in an official statement. “The Cyprus Presidency, representing the Council, and the European Parliament negotiators have just reached a provisional agreement on the proposal aimed at streamlining and simplifying certain rules regarding artificial intelligence,” the statement read.
The compromise represents a scaled-back version of what was initially envisioned as comprehensive AI oversight legislation for the European bloc.
