By Sam Clark ( January 30, 2024, 11:59 GMT | Insight) -- The head of Aleph Alpha, Germany’s flagship artificial intelligence company, has said the EU’s AI Act is “not horrible” and that previous drafts were “much worse.” Jonas Andrulis warned, though, that it will still create hefty compliance costs. His company was one of a handful of major European AI operators at the core of a bump in legislative negotiations over rules on foundation models. A key meeting for the passage of the AI Act will take place on Friday.The chief executive of Aleph Alpha, Germany’s flagship artificial intelligence company, has said the EU’s AI Act in its agreed form is better than some previous drafts but that compliance costs would "weigh heavily" on the industry. ...
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