Over one hundred companies have
become the first to sign the EU Pact on Artificial Intelligence,
the European Commission announced in a note.
The signatories include European multinationals and small and
medium-sized enterprises (SMEs) from various sectors, including
IT, telecommunications, healthcare, banking, automotive and
aeronautics.
The Pact supports the voluntary commitments of industry to start
applying the principles of the European AI Act before its entry
into force and strengthens the engagement between the EU AI
Office and all relevant stakeholders, including industry, civil
society and academia.
The voluntary commitments of the EU Pact for AI call on
participating companies to commit to at least three key actions:
the AI ;;governance strategy to promote the adoption of AI in
the organisation and work towards future compliance with AI law;
the mapping of high-risk AI systems; and the promotion of AI
literacy and awareness among staff, ensuring ethical and
responsible development of AI.
In addition to these key commitments, more than half of the
signatories have committed to additional commitments, including
ensuring human oversight, risk mitigation and transparent
labelling of certain types of AI-generated content, such as
deepfakes.
The entire AI Act will be fully applicable in August 2026, two
years after its entry into force, with some exceptions: bans
will kick in after six months, governance rules and obligations
for general-purpose AI models will become applicable after 12
months, and rules for AI systems embedded in regulated products
will apply after 36 months.
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