CEOs from over 40 European companies, including ASML, Philips, Siemens, and Mistral, are requesting a two-year delay on the AI Act's key obligations set to begin in August 2026. They argue this pause would allow for better implementation and simplification of the rules. The AI Act, which regulates AI systems based on societal risk, is set to fully apply by 2027. The companies emphasize the need for prioritizing regulatory quality to enhance Europe's competitiveness. Concerns have been raised about the compliance timeline and the potential impact on innovation and copyright laws. Teljes cikk (Euronews.com)