I welcome the overwhelming support from the European Parliament for the EU AI Act, the world's first comprehensive, binding framework for trustworthy AI.
Europe is now a global standard-setter in trustworthy AI.
Five years ago, we started our work to structure the digital space. We have delivered: we have boosted fair and open digital markets, accountability among platforms, a thriving data economy and, following today's vote, European leadership in trustworthy AI.
The AI Act is the outcome of years of preparation, consultation and negotiation, including the historic 38-hour final trilogue in December.
Throughout the process, we have withstood the special interests and lobbyists calling to exclude large AI models from the regulation. The result is a balanced, risk-based and future-proof regulation.
We are regulating as little as possible and as much as needed, with proportionate measures for AI models.
The AI Act will create the necessary transparency, ensuring that developers share information with the many SMEs along the value chain.
The AI Act will be a launchpad for EU startups to lead the global race for trustworthy AI.
It will allow European citizens and businesses to use AI "made in Europe" safely and confidently.
The AI Act will be complemented by the launch of "AI Factories", bringing together the 'raw materials' for AI: computing power, data, algorithms and talent.
They will serve as a one-stop shop for Europe's AI start-ups, helping them develop the most advanced AI models and industrial applications. We are making Europe the best place in the world for trustworthy AI.
The Commission is ready to implement the AI Act. I already have established an AI Office.
It will oversee the enforcement of the AI Act and serve as a global centre of expertise on AI. And it will promote the European approach to AI - this means an AI that is reliable, respecting EU values and rules, and trusted by citizens and businesses around the world.
