The EU AI Office on the Code of Practice’s March 11 draft on general-purpose model provider obligations under the EU AI Act is more workable than its predecessors. The CoP must be finalized by May 2, leaving GPAI model providers just three months before their obligations come into force on Aug. 2.

The stakes are high: A provider’s failure to comply will risk fines of up to 3% of the provider’s annual global turnover or 15 million euros ($16.2 million), whichever is higher, and possibly even an EU ban on the model.

More than 1,000 stakeholders have been working with the EU AI Office on the CoP.