‘High risk’ AI rules: How Google, Facebook parent Meta, OpenAI and other tech giants may have ‘scored’ victory in Europe

The European Commission will streamline technology regulations, notably delaying strict AI Act provisions for high-risk applications until December 2027. This move, a ‘Digital Omnibus,’ aims to boost competitiveness by easing compliance burdens for tech giants. Amendments also permit AI model training on European personal data and simplify cookie consent processes.