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EU approves updated governance framework for generative AI

New European rules require transparency and audits from generative AI providers.

EU approves updated governance framework for generative AI

The European Parliament has greenlit a regulatory package that strengthens transparency, synthetic content labeling, and audit obligations for foundation model providers.

Companies will face staggered deadlines to comply with risk reports, bias assessments, and user complaint mechanisms.

The tech sector welcomes regulatory clarity, though it calls for greater harmonization across member states.