26 companies, including major tech firms like Amazon, Google, Microsoft, and IBM, have signed the AI Code of Practice on General-Purpose AI, aimed at ensuring compliance with the AI Act. Meta declined to sign, citing innovation restrictions. Google expressed concerns about the AI Act's impact on innovation. The deadline for existing GPAI model providers to sign was 1 August, while fines for non-compliance could reach €15 million or 3% of annual turnover. Teljes cikk (Euronews.com)