PYMNTS.com February 26, 2025

The EU AI Act has been lauded as the most comprehensive set of regulations on artificial intelligence on the planet. But it is a set of general principles without details for implementation.

The real work comes with the Code of Practice for general-purpose AI models, which details the compliance requirements for AI companies.

“Many outside Europe have stopped paying attention to the EU AI Act, deeming it a done deal. This is a terrible mistake. The real fight is happening right now,” wrote Laura Caroli, a senior fellow at the Wadhwani AI Center, for the Center for Strategic and International Studies.

The code of practice will undergo three drafts before being finalized at the end of April. These voluntary requirements...

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