In a bold move that underscores Europe’s high-stakes race in artificial intelligence, 44 of the bloc’s leading firms have called for a two-year “innovation breather” on the EU AI Act. They warn that unclear, overlapping rules risk derailing Europe’s bid to lead in AI.
The open letter, organized by the EU AI Champions Initiative, landed on President Ursula von der Leyen’s desk this Thursday. Signatories—from aerospace giant Airbus and chipmaker ASML to Mercedes-Benz and a host of homegrown AI startups—are pushing for a pause to refine the rulebook. They argue that a more “innovation-friendly” approach is essential to keep pace with global tech hubs.
Here’s what these CEOs are asking for:
- Two-year moratorium on AI Act enforcement
- Streamlined, risk-based rules aligned with existing frameworks
- Active industry consultation to balance safety and growth
The EU AI Act, which came into force in August last year, is the world’s first comprehensive AI regulation. While it aims to set global standards for safety and transparency, critics say its complex, sometimes overlapping mandates could slow deployment and scare off investment just as AI technologies reach tipping points.
Next steps? The European Commission must review the letter and decide whether to grant the pause. With the US and other leading markets charging ahead on AI, European businesses hope Brussels will strike the right chord between safeguarding users and fueling innovation.
Will this appeal reshape the continent’s AI future? Join the conversation below.
Reference(s):
Top European companies urge European Commission to halt AI Act
cgtn.com
