An agreement is not expected for October’s meeting after Spain, the current EU head, proposed new compromises to regulate foundation models like GPT.
The long-awaited EU AI Act is still under debate as European lawmakers can’t agree on how to regulate foundation models, and it’s unlikely to pass regulation before December. As first reported by Reuters, Spain, which currently heads the EU, is pushing for more regular vetting for vulnerabilities and the creation of a tiered system of regulation depending on the number of users a model has. European lawmakers have had three trilogues around the AI Act, with a fourth expected to happen this week.
One of the drafts of the EU AI Act proposes foundation model developers be required to assess potential risks, subject the models to testing throughout the development process and after market release, examine bias in training data, validate data, and publish technical documents before release. Some open-source companies have called on the EU to consider smaller companies in the discussion.