Home EU, Google Mull AI Pact Ahead Of New Rules

EU, Google Mull AI Pact Ahead Of New Rules

Share
Share

EU, Google Mull AI Pact Ahead Of New Rules

Before rules to regulate the technology are established, Alphabet and the European Commission want to create an artificial intelligence (AI) contract encompassing both European and non-European businesses, according to EU industry chief Thierry Breton.

Sundar Pichai, the CEO of Google and Alphabet, and Breton had previously met in Brussels.

“Sundar and I agreed that we cannot afford to wait until AI regulation actually becomes applicable, and to work together with all AI developers to already develop an AI pact on a voluntary basis ahead of the legal deadline,” said Breton in a statement following the meeting.

Additionally, he asked EU nations and legislators to complete the Commission’s proposed AI guidelines before the year’s end. Both groups have yet to start negotiations to iron out their differences.

Concern is mounting about fast-developing AI’s potential to upend the way society and businesses operate. Governments are scrambling to find a way to rein in negative consequences without losing the benefits, or stifling innovation.

(With inputs from Shikha Singh)

Share

Latest News

Bitcoin Whales Buy $1.2 Billion In BTC As ETFs Pull In $750 Million This Week
News

Bitcoin Whales Buy $1.2 Billion In BTC As ETFs Pull In $750 Million This Week

Since July 29, wallets with 10 to 10,000 BTC have purchased nearly 20,000 BTC, or almost $1.2 billion at current pricing. This...

Blockchain.com Secures Cayman Custody License, Expands Regulated Crypto Services
News

Blockchain.com Secures Cayman Custody License, Expands Regulated Crypto Services

The Cayman Islands Monetary Authority (CIMA) granted Blockchain.com a VASP license so that company may provide regulated cryptocurrency custody services. The company...

Wintermute Secures U.S. Broker-dealer License To Expand Into Traditional Financial Markets
News

Wintermute Secures U.S. Broker-dealer License To Expand Into Traditional Financial Markets

Wintermute USA can now enter regulated U.S. financial markets because it has registered as a broker-dealer with the SEC and FINRA. Wintermute’s...

MetaMask Launches AI Agent Wallet For Automated On-chain Trading
News

MetaMask Launches AI Agent Wallet For Automated On-chain Trading

Agent Wallet, a self-custodial wallet that enables AI agents to carry out on-chain transactions while adhering to user-established restrictions, has been formally...

Related Articles

Best Memecoin Launchpads Of 2026

Memecoins have been a point of attraction for crypto investors since their...

Best AI Crypto Projects Of 2026

The Artificial Intelligence (AI) sector is attracting very significant venture capital investments...

This Is How Indians Can Invest In Global Assets In 2026

Introduction Can Indians invest in global assets, too? The answer is yes....

Click, Tokenize, Own: How RWA Tokenization Is Rewriting Financial Markets

A Quiet Revolution In Ownership Each generation tends to think it is...