The EU can now inspect AI models, block market access, and fine providers 3% of turnover. The grace period is over.

The EU can now inspect AI models, block market access, and fine providers 3% of turnover. The grace period is…

EU AI Act enforcement live August 2: Commission audits models, restricts market access, fines providers up to 3% of revenue. Dual oversight (EU + White House) on frontier models increases compliance burden and deployment friction for European companies.