🌐GitHub & other tech giants join forces to address concerns about the EU's AI Act! They emphasize the importance of AI regulation & its impact on open-source models, urging the EU to support collaborative development. 🤖💡

Key suggestions include clear definitions of AI components, exemptions for open-source collaboration, and limited real-world testing exceptions for researchers. 📚🔧

The AI Act aims to balance risk mitigation & innovation, setting a global precedent for AI regulation. Over 150 executives support the joint letter, calling for an AI expert regulatory body to adapt rules & respond to emerging developments. 🌍🚀

Let's foster responsible AI growth & boost Europe's global competitiveness! 🇪🇺💪