EU Threatens Microsoft with Multibillion-Dollar Fine Over Bing AI: What You Need to Know
May 19, 2024
Microsoft is facing a potential multibillion-dollar fine from the European Union over its Bing search engine and associated generative AI services. The EU has requested information under the Digital Services Act regarding risks posed by Bing's generative AI features, such as deepfakes and automated manipulation. Microsoft has until May 27 to respond, or it could face fines of up to 1% of its annual revenue. While Microsoft hasn't been found guilty of any violations yet, the potential fine could exceed $2 billion based on its revenue of $211 billion in 2023.
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