TechFlow news, November 7 — According to the Financial Times, under intense pressure from major tech companies and the U.S. government, the European Commission has proposed pausing parts of its landmark artificial intelligence law. The EU plans to ease certain digital rules in a decision known as the "streamlining proposal" on November 19. The bloc has faced significant pressure from the U.S. government, large technology firms, and European groups over its AI Act, considered the world's strictest regulatory framework for AI development. A senior EU official said the bloc has been engaging with the Trump administration on adjustments to the AI Act and other digital regulations. Draft documents show the EU is considering offering companies a one-year "grace period" for violations of the highest-risk AI use rules, and also suggests delaying fines for breaches of new AI transparency rules until August 2027. (Jinshi)
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