Meta said on Friday that it won't sign the European Union's new AI code of practice. The guidelines provide a framework for the EU's AI Act, which regulates companies operating in the European Union.

The AI Act applies to AI models that the commission deems to carry systemic risks that could significantly affect "public health, safety, fundamental rights, or society," reports Reuters. It also includes the most well-known "foundational models" from companies like Meta, OpenAI, Google, and Anthropic.

Meta Platforms Inc. today declined to implement a set of guidelines that the European Union has proposed for the artificial intelligence sector. The guidelines are outlined in a document called the General-Purpose AI Code of Practice,