AI Act: Ensuring European competitiveness through a risk-based regulation with strong innovation focus

BRUSSELS, 14 JUNE 2023 – Today, the European Parliament has adopted its position on the EU Artificial Intelligence (AI) Act. 

The European Tech Alliance (EUTA) fully supports the AI Act’s objective of promoting AI innovation while mitigating the risks associated with “high-risk AI”. EU tech companies should be encouraged to develop and use innovative AI models to compete with global players. 

The interinstitutional negotiations, so-called ‘trilogues’, will begin this evening.

The following can be attributed to EUTA Secretary General, Victoria de Posson:

“As Europe moves towards regulating artificial intelligence, it is crucial for our co-legislators to maintain a risk-based approach, particularly in identifying high-risk AI use cases. We must ensure that the final text strengthens innovation and competitiveness in AI, and guarantees successful enforcement”.


About the EUTA

The European Tech Alliance (EUTA) brings together and gives voice to the most exciting homegrown European tech companies across business models, member states and sectors.

Our objective is to create a better future for Europe through technology and based on shared EU values: we aim to contribute to our local economies and build a sustainable, greener, innovative and inclusive Europe for future generations.

Our track record of success highlights the recent growth and potential of the EU’s digital economy. With the right legal framework and policies that enable innovation and fair competition for all players, Europe can continue to prosper and produce more global European digital champions in the future.

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For media inquiries, please contact:

Victoria de Posson, EUTA’s Secretary General
Phone: +32 476 25 08 16