EU countries and European Parliament lawmakers failed to reach a deal on watered-down landmark artificial intelligence rules after 12 hours of negotiations and will resume talks next month. The changes to the AI Act, which entered into force in August 2024 with key elements set to be enforced in stages starting this year, are part of the European Commission's Digital Omnibus, which aims to simplify a slew of regulations in the digital sector to help businesses catch up with U.S. and Asian rivals.
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