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Over two dozen companies, including Meta and Spotify, criticized the EU’s “fragmented” AI regulations, warning that Europe is losing competitiveness as the US, China, and India rapidly advance in AI adoption.

From October 17, Croatian companies must start working on compliance with the Cybersecurity Act, but experts warn that there is no need for panic, rather caution.

“We will release a multimodal Llama model over the coming months, but not in the EU due to the unpredictable nature of the European regulatory environment,” Meta said in a statement to Axios.

After an exhaustive 36-hour negotiation process in Brussels, negotiators established key restrictions on the use of AI in Europe, asserting that these regulations would not stifle innovation or hinder the development of future European AI leaders.