News - France, Germany, Italy reach agreement on AI regulation rules

France, Germany, and Italy have reached an agreement on how artificial intelligence (AI) should be regulated, according to a joint paper seen by Reuters, which is expected to accelerate negotiations at the European level, Reuters reported. "Together we underline that the AI Act regulates the application of AI and not the technology as such," the joint paper said, in part. The European Commission, the European Parliament, and the EU Council are negotiating how the bloc should position itself on this topic. "The model cards shall include the relevant information to understand the functioning of the model, its capabilities and its limits and will be based on best practices within the developers’ community," the paper said. If violations of the code of conduct are identified after a certain period of time, however, a system of sanctions could be set up. Germany's Economy Ministry, which is in charge of the topic together with the Ministry of Digital Affairs, said laws and state control should not regulate AI itself, but rather its application. State Secretary for Economic Affairs Franziska Brantner told Reuters it was crucial to harness the opportunities and limit the risks. Issues surrounding AI will also be on the agenda when the German and Italian governments hold talks in Berlin on Wednesday.