European Union technology commissioner Henna Virkkunen affirmed on Friday that the bloc’s AI regulatory framework is fully equipped to handle the growing threat of rogue artificial intelligence systems. Speaking to Reuters from Brussels, Virkkunen highlighted the AI Act – the world’s strictest set of rules on artificial intelligence – as the cornerstone of Europe’s defensive strategy.
AI Act covers the whole model lifecycle
“We see that the safety and security of very capable models is a very hot topic internationally and we in Europe are well equipped for that,” Virkkunen said. “We have our AI Act in place and the AI Act covers the whole life cycle of these models.” The legislation, adopted in 2024, classifies AI applications by risk level and imposes obligations ranging from transparency and data governance to post‑deployment monitoring.
Guidance and expert input underway
Regulators are now issuing detailed guidance to companies on how to evaluate their systems and allocate resources for compliance. A scientific panel of 60 AI experts from universities and research institutions will advise on technical standards and risk assessments. Virkkunen dismissed criticism that the rules are already outdated, noting that legislators have built in mechanisms for continuous monitoring and external expert review.
Information requests and potential fines
In late August, the European Commission sent information requests to more than 30 AI firms, seeking details on safety, security, transparency and copyright compliance. Companies that fail to cooperate could face fines of up to 7% of global annual turnover. The Commission has not disclosed the identities of the firms contacted, and Virkkunen confirmed that the responses are currently being evaluated.
China and U.S. models also under scrutiny
When asked about Chinese AI startups, Virkkunen said the Commission had also reached out to them. She observed that the most capable models on the market today originate from the United States and China, underscoring the need for vigilant oversight.
Funding the next phase of AI regulation
Regarding a possible digital levy aimed at large U.S. tech companies, Virkkunen noted that the decision now rests with EU member governments, which are debating new financing sources for the EU budget covering 2028‑2034. The discussion reflects a broader effort to ensure that Europe can sustain its regulatory ambitions while fostering innovation.
Overall, the EU’s proactive stance on AI governance seeks to balance technological advancement with the protection of citizens, businesses, and democratic institutions.
Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.
