Google’s Chief Legal Officer, Kent Walker, has urged the European Union (EU) to develop AI regulations that support innovation rather than rushing into the first set of rules. As EU countries and lawmakers finalize a draft proposal on AI regulations, one of the main concerns is the regulation of foundation models like OpenAI’s ChatGPT. Walker emphasized the need for hard trade-offs between security and openness, data access and privacy, and explainability and accuracy while ensuring proportionate, risk-based rules. He called for regulations that build upon existing frameworks and provide confidence for businesses to keep investing in AI innovation.