We are confident that our collective initiative, incl. the open letter to the EU signed by 150+ leading CEOs, has been a key impulse for this outcome. We are firm believers in the power of proactively engaging with the government to foster an effective environment for innovation.
*EU AI Act Update*
Great news for our portfolio companies @MistralAI, Helsing, @Langdock_hq as well as other emerging AI players in Europe! Germany, France, and Italy came to an innovation-friendly agreement yesterday.
https://t.co/hheBPJJLeE
The three countries suggest limiting the EU AI Act's strict rules to the application layer while easing rules for the underlying foundation models. Models are to self-regulated via codes of conduct.
Today marks an important next step in La Famiglia’s journey. We are joining forces with @generalcatalyst to build Europe’s leading transformation platform, focusing on the early stage to invest in ambitious and enduring positive change 👨👩👧👦🗽
We have helped kick-start a movement. Yesterday 150 founders and business leaders spoke up: if we want Europe to be competitive in the AI field, the current draft of the EU AI Act needs to be amended. https://t.co/HULtI0OMPo
A thread 👉
It is time for Europe to again leave a mark on the world and for entrepreneurs and innovators to be able to thrive BECAUSE of the EU and its regulatory frameworks and not in spite of them.