Meta has refused to sign the volunatry AI Pact by the EU, says it stifles growth and innovation

Meta has refused to sign an AI Pact proposed by the European Union, arguing that the initiative imposes excessive demands that could stifle the growth and innovation of the company and industry as a whole. The company's refusal increases tensions between tech firms and regulators over how to control and govern AI without derailing its true potential. Meta warns that the EU’s AI pact could harm innovation and give rivals an unfair advantage The EU introduced the voluntary AI Pact as an interim measure ahead of its AI Act, which was passed and came into effect earlier this year, but […]

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