Group 1 - Alphabet's Google announced it will sign the EU's General AI Code of Practice, aiming to ensure safe and high-quality AI tools for European citizens and businesses [1] - The implementation of the code is expected to significantly benefit Europe, with an anticipated economic growth of 8% (1.4 trillion euros) by 2034 [1] - Concerns were raised by Google's global affairs president about potential delays in AI development and application in Europe due to the AI Act and the Code, particularly regarding copyright law deviations and requirements that may hinder model deployment [1] Group 2 - The EU's General AI Code of Practice is a voluntary framework designed to assist companies in meeting obligations under the AI Act, which includes copyright protection and transparency requirements for advanced AI models [2] - The AI regulatory framework is based on a "risk-based" approach, with stricter regulations for applications posing higher social risks [2] - Meta declined to sign the code, citing legal uncertainties and requirements exceeding the scope of the AI Act [1][2]