EU publishes final AI Act rules with fines up to 7% of turnover

The European Union has formally published the final guidelines for its AI Act, introducing a risk-based framework with specific provisions for "systemic risk" providers such as OpenAI, Google and Meta. Violations of high-risk provisions can bring fines of up to 7% of global annual turnover or €35 million, with the strictest penalties taking effect next August.

• Fines for high-risk violations reach 7% of global turnover or €35 million
• Rules target "systemic risk" providers including OpenAI, Google and Meta
• Strictest penalties become active in August 2027
• Large AI models must disclose when content is AI-generated