Major update on the EU AI Act!

The co-chairs of the European Parliament’s AI Act Working Group, Brando Benifei (S&D, IT) and Michael McNamara MEP (Renew, IE), issued a joint statement today (July 16, 2025) on the new General-Purpose AI (GPAI) Code of Practice.

Key takeaways from their statement:

  • Code welcomed - described as a “pragmatic and timely foundation” for managing systemic risks and building public trust
  • Balance achieved - despite intense lobbying pressure, the code maintains core protections while balancing industry needs with civil society concerns
  • Transparency & accountability - emphasis on risk monitoring and fundamental rights protection
  • Call to action - all GPAI providers urged to sign and fully implement the code
  • Enforcement is key - stressed the importance of robust oversight by the AI Office to prevent it from becoming a “paper tiger”

Important timeline:

  • July 10, 2025: European Commission receives the code of practice
  • August 2, 2025: AI Act obligations for GPAI models enter into force

The code represents a crucial first layer of safeguards as AI capabilities continue to advance rapidly.

Source: EU Parliament

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