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EU's next steps if Microsoft fails to comply by May 27
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Resolution / Starting Odds
Negotiation for extended compliance timeline • 25%
Immediate imposition of maximum fines • 25%
Legal actions initiating further investigations • 25%
No further action • 25%
EU's official statements or follow-up actions documentation
Story
EU Demands Microsoft Address AI Risks in Bing by May 27 or Face Billions in Fines
May 17, 2024, 01:18 PM
The European Union has demanded that Microsoft provide detailed information on the risks associated with the generative AI features in its search engine, Bing. The EU is particularly concerned about the potential for deep fakes and automated manipulation of services that could mislead voters. Microsoft has been given a deadline of May 27 to address these concerns. Failure to comply could result in fines of up to 5% of Microsoft's daily income or up to 1% of its global annual turnover, amounting to billions of dollars. The EU's demands are part of a broader effort to regulate AI technologies under the Digital Services Act (DSA), as reported by TechCrunch.
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Fine imposed on Microsoft • 33%
Settlement approved • 34%
No action taken • 33%
No action • 33%
Fine imposed • 33%
Ban or restriction • 34%
Full compliance • 33%
Partial compliance • 33%
Non-compliance • 33%
No fines • 25%
Up to 1% of annual turnover • 25%
Up to 3% of annual turnover • 25%
Up to 5% of daily income • 25%
Further actions taken • 50%
No further actions • 50%
Denial of wrongdoing • 33%
Policy change • 33%
Settlement or compensation • 34%
Meta found compliant with EU regulations • 33%
Meta found partially compliant with minor penalties • 33%
Meta found non-compliant with major penalties • 34%
Complaint dismissed • 33%
Settlement reached • 33%
Penalties imposed • 34%