Should India Regulate Foundational Models Akin to the EU – Analytics India Mag

The EU s approach has faced criticism for being perceived as too stringent and potentially stifling innovation. Experts believe it could hamper the competitiveness of European startups against those in the US, UK, or China. France, which is home to AI startups like Hugging Face and Mistral AI, along with Germany, and Italy, had previously pushed the idea of self-regulation for makers of generative AI models in an apparent effort to support local startups.