A letter signed by Open Markets and promoting developer accountability in AI models and AI legislation was covered by Euractiv.

Amidst a growing number of global AI governance non-regulatory efforts to manage foundation model risks, such as the G7 Code of Conduct, the UK and US AI Safety Institute, and the White House Executive Order on AI, Europe stands in a unique position to enforce the first horizontal regulation on AI, including foundation models with a global footprint. As such, the proposal of the Spanish presidency allows a balanced approach to regulating foundation models, refining the European Parliament’s cross-party position to set obligations for such models in the EU AI Act.

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