The company could be fined as much as 1% of its annual revenue if it doesn’t respond by May 27. Microsoft could be fined up to 1% of its annual revenue in the European Union if it doesn’t respond to a request for information by May 27. The threat stems from a request made under the EU’s Digital Services Act concerning the company’s Bing search engine and its associated generative artificial intelligence (AI) services. In a May 17 X post, the European Commission stated it wants Microsoft to “provide information under the Digital Services Act on generative AI risks on Bing.” Read more Source: https://cointelegraph.com/news/microsoft-billion-dollar-fine-eu-bing-artificial-intelligence-ai