The European Union confirmed its EU AI Act will start on time with no delays. Important deadlines are coming up fast. On August 2, 2025, new rules begin for general-purpose AI models like chatbots and image creators. Companies must follow transparency and safety rules or face huge fines – up to €35 million or 7% of global sales.

To help businesses, the EU released the final GPAI Code of Practice on July 10. This guide explains how to follow the law, especially about copyright, training data transparency, and risk checks. Though voluntary, using this code makes compliance easier. The EU also launched an AI Service Desk to help small companies understand the rules.

Global regulations are expanding quickly. In the United States, California's new law (starting 2026) will require large AI creators to offer free detection tools and protect user data. China's existing rules demand AI-generated content to be accurate and forbid discrimination. The United Kingdom is taking a different approach by creating sector-specific guidance instead of one big law.

Switzerland signed the Council of Europe's AI Convention in March 2025. This agreement focuses on human rights protections in AI systems. It still needs approval from Switzerland's government and might face public votes before becoming law.

Agentic AI (AI that works independently) remains unregulated worldwide. No country has created specific laws for these self-operating systems yet. Experts note this gap might need attention as agentic AI becomes more common in businesses.

Companies everywhere should watch these changes closely. The EU's strict rules could become a model for other regions. Businesses using AI should start planning now to meet the August deadlines and avoid penalties. Training staff on AI safety and checking systems for compliance are smart first steps.

Boards of directors are being warned to pay attention. Fast-changing AI laws create new risks like legal trouble or reputation damage. Companies must balance innovation with following these new rules to succeed.

Looking ahead, more EU rules start in February 2026 for high-risk AI systems used in areas like hiring or banking. Companies should use this extra time to prepare thoroughly.