Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > Musk's xAI to sign chapter on safety and security in EU's AI code of practice
    Headlines

    Musk's xAI to sign chapter on safety and security in EU's AI code of practice

    Musk's xAI to sign chapter on safety and security in EU's AI code of practice

    Published by Global Banking and Finance Review

    Posted on July 31, 2025

    Featured image for article about Headlines

    (Reuters) -Elon Musk's xAI on Thursday said it will sign a chapter on safety and security from the European Union's code of practice, which aims to help companies comply with the bloc's landmark artificial intelligence rules.

    Signing up to the code, which was drawn up by 13 independent experts, is voluntary, and companies that decline to do so will not benefit from the legal certainty provided to a signatory.

    The EU's code has three chapters - transparency, copyright and safety and security.

    While the guidance on transparency and copyright will apply to all general-purpose AI providers, the chapters on safety and security target providers of the most advanced models.

    "xAI supports AI safety and will be signing the EU AI Act’s Code of Practice Chapter on Safety and Security. While the AI Act and the Code have a portion that promotes AI safety, its other parts contain requirements that are profoundly detrimental to innovation and its copyright provisions are clearly (an) over-reach," xAI said in a post on X.

    The company did not respond to a request outside regular business hours for comment on whether it plans to sign the other two chapters of the code.

    Alphabet's Google has previously said it would sign the code of practice, while Microsoft's President Brad Smith has said that the company would likely sign it.

    Facebook-owner Meta has said it will not be signing the code, saying that it introduces a number of legal uncertainties for model developers, as well as measures which go far beyond the scope of the AI Act.

    (Reporting by Chandni Shah in Bengaluru; Editing by Mrigank Dhaniwala)

    Related Posts
    Luxury goods company Kering and Ardian finalise New York property deal
    Luxury goods company Kering and Ardian finalise New York property deal
    EU weighs scheme to allow combustion-engine vehicles after 2035, Handelsblatt reports
    EU weighs scheme to allow combustion-engine vehicles after 2035, Handelsblatt reports
    Antisemitism allowed to fester in Australia, says daughter of wounded Holocaust survivor
    Antisemitism allowed to fester in Australia, says daughter of wounded Holocaust survivor
    Human‑wave attacks and drones: How Myanmar's junta is fighting back
    Human‑wave attacks and drones: How Myanmar's junta is fighting back
    EU to relent on combustion engines ban after auto industry pressure
    EU to relent on combustion engines ban after auto industry pressure
    US suspends technology deal with Britain, FT reports
    US suspends technology deal with Britain, FT reports
    Taiwan's global credibility on the line with disputed laws, president says
    Taiwan's global credibility on the line with disputed laws, president says
    Trump sues the BBC for defamation over editing of January 6 speech, seeks up to $10 billion in damages
    Trump sues the BBC for defamation over editing of January 6 speech, seeks up to $10 billion in damages
    Europe to launch international commission for Ukraine war damages
    Europe to launch international commission for Ukraine war damages
    South Korea's ADEL signs up to $1.04 billion Alzheimer's drug development deal with Sanofi
    South Korea's ADEL signs up to $1.04 billion Alzheimer's drug development deal with Sanofi
    'Battlefield' maker EA forecasts softer 2026 bookings amid slow spending, crowded holiday slate
    'Battlefield' maker EA forecasts softer 2026 bookings amid slow spending, crowded holiday slate
    Britain clinches upgraded South Korea trade deal
    Britain clinches upgraded South Korea trade deal

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Previous Headlines PostLithuania's prime minister quits after pressure over business ties to sister-in-law
    Next Headlines PostMicrosoft reaches $4 trillion valuation after solid results

    More from Headlines

    Explore more articles in the Headlines category

    Bondi gunmen were inspired by Islamic State, had travelled to the Philippines, Australia police say

    Bondi gunmen were inspired by Islamic State, had travelled to the Philippines, Australia police say

    Belarus' Lukashenko says Venezuelan President Maduro is welcome to move to Belarus

    Belarus' Lukashenko says Venezuelan President Maduro is welcome to move to Belarus

    Trump says lawsuit against BBC likely to be filed soon

    Trump says lawsuit against BBC likely to be filed soon

    German parliament suffers suspected cyberattack during Zelenskiy’s visit, FT reports

    German parliament suffers suspected cyberattack during Zelenskiy’s visit, FT reports

    European leaders agree Ukraine security guarantees should include European-led peacekeeping force

    European leaders agree Ukraine security guarantees should include European-led peacekeeping force

    UK military chief urges Britain to better prepare for Russia threat

    UK military chief urges Britain to better prepare for Russia threat

    Ukraine says underwater drones hit submarine, but Moscow denies damage

    Ukraine says underwater drones hit submarine, but Moscow denies damage

    Serbia's prosecutor files to indict minister in connection with Kushner project

    Serbia's prosecutor files to indict minister in connection with Kushner project

    French court jails Congo ex-rebel leader for 30 years

    French court jails Congo ex-rebel leader for 30 years

    Italy's Caltagirone group strengthens governance procedure over Generali, MPS stakes

    Italy's Caltagirone group strengthens governance procedure over Generali, MPS stakes

    France says cattle disease under control as farm protests continue

    France says cattle disease under control as farm protests continue

    Israeli forces kill Palestinian teen in West Bank, health ministry says

    Israeli forces kill Palestinian teen in West Bank, health ministry says

    View All Headlines Posts