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EU considers stricter rules for big AI models: Report

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In the European Union, negotiators are currently exploring the possibility of imposing additional restrictions on sizable AI models , including OpenAI’s ChatGPT-4, as part of the forthcoming AI Act. According to a report from Bloomberg, representatives within the European Union are engaged in discussions concerning the potential impact of large language models (LLMs), which encompass Meta’s Llama 2 and OpenAI’s ChatGPT-4. They are deliberating the prospect of introducing further regulatory measures as an integral facet of the impending AI Act. Sources familiar with the matter, as reported by Bloomberg, convey that the overarching objective is not to overwhelm nascent startups with an excess of regulations while maintaining oversight over larger models. It is worth noting that the consensus reached by negotiators on this issue is still in its nascent stages. The AI Act, coupled with the proposed regulations for LLMs, represents a similar approach to the European Unio...