KEY TAKEAWAYS:

European voluntary AI code aims for transparency, safety, and copyright compliance by 2027.

Major US tech firms like Amazon, Google signed; Meta refuses to commit.

EU AI Act imposes strict rules on high-risk AI models and bans some practices.

Divergent US and EU approaches highlight tensions in global AI regulation and innovation.

American companies are split between support and criticism of a new voluntary European AI code of practice, meant to help tech companies align themselves with upcoming regulations from the European Union’s landmark AI Act .

The voluntary code, called the General Purpose AI Code of Practice , which rolled out in July, is meant to help companies jump-start their compliance. Even non-European companies will be required to meet certai

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