Illustration: The Verge

OpenAI CEO Sam Altman has warned that the company might pull its services from the European market in response to AI regulation being developed by the EU.

Speaking to reporters after a talk in London, Altman said he had “many concerns” about the EU AI Act, which is currently being finalized by lawmakers. The terms of the Act have been expanded in recent months to include new obligations for makers of so-called “foundation models” — large-scale AI systems that power services like OpenAI’s ChatGPT and DALL-E.

“The details really matter,” said Altman, according to a report from The Financial Times. “We will try to comply, but if we can’t comply we will cease operating.”

In comments reported by Time, Altman said the concern was that systems…

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