🚀EU's got Microsoft in a tight spot! They're facing a potential fine of up to 1% of their annual revenue if they don't spill the beans about Bing's AI risks by May 27. That's a whopping $2 billion, folks!💸

The EU's Digital Services Act is concerned about Bing's generative AI services. Deepfakes, 'hallucinations', and automated manipulation that could mislead voters are on the radar.🎯

Microsoft's been given till May 27 to respond. If they don't, they could be hit with a fine of up to 1% of their total annual income, and daily penalties of up to 5% of their average income. Ouch!🔥

But let's not jump the gun. Microsoft hasn't been found guilty of violating any EU laws. This is more of a formal notice, with penalties outlined for non-compliance.📝

This situation underscores the growing scrutiny on tech companies' use of generative AI. It's a wild, wild west out there in the digital world, folks!🤠

What are your thoughts on this? Are we seeing the dawn of stricter regulations for AI? Drop your thoughts in the comments!👇 #DeFi #Web3 #Technology