Apple in Talks to Buy Memory Chips From China's CXMT and YMTC as AI Squeezes Supply•Cambricon Hits $147 Billion, Targets 500,000 AI Chips as China Races to Replace Nvidia•ByteDance's Doubao and Alibaba's Qwen to Shut Down AI Agent Features on July 15•140 Trillion Tokens a Day: Inside China's Bid to Redefine AI Leadership•China's Memory Makers Come for Samsung and SK Hynix — With Capital, Talent and State Backing•GLM-5.2 and the 'Mini DeepSeek Moment': How Close Is China, Really?•Baseten Raises $1.5 Billion Series F at $13 Billion Valuation as Inference Demand Explodes•DeepSeek Raises $7.4 Billion at $50 Billion Valuation in First-Ever External Round•Apple in Talks to Buy Memory Chips From China's CXMT and YMTC as AI Squeezes Supply•Cambricon Hits $147 Billion, Targets 500,000 AI Chips as China Races to Replace Nvidia•ByteDance's Doubao and Alibaba's Qwen to Shut Down AI Agent Features on July 15•140 Trillion Tokens a Day: Inside China's Bid to Redefine AI Leadership•China's Memory Makers Come for Samsung and SK Hynix — With Capital, Talent and State Backing•GLM-5.2 and the 'Mini DeepSeek Moment': How Close Is China, Really?•Baseten Raises $1.5 Billion Series F at $13 Billion Valuation as Inference Demand Explodes•DeepSeek Raises $7.4 Billion at $50 Billion Valuation in First-Ever External Round•Apple in Talks to Buy Memory Chips From China's CXMT and YMTC as AI Squeezes Supply•Cambricon Hits $147 Billion, Targets 500,000 AI Chips as China Races to Replace Nvidia•ByteDance's Doubao and Alibaba's Qwen to Shut Down AI Agent Features on July 15•140 Trillion Tokens a Day: Inside China's Bid to Redefine AI Leadership•China's Memory Makers Come for Samsung and SK Hynix — With Capital, Talent and State Backing•GLM-5.2 and the 'Mini DeepSeek Moment': How Close Is China, Really?•Baseten Raises $1.5 Billion Series F at $13 Billion Valuation as Inference Demand Explodes•DeepSeek Raises $7.4 Billion at $50 Billion Valuation in First-Ever External Round•
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European Union flags outside the European Commission
Latham & Watkins
Brief

One Month Out: EU AI Act Hits Full Applicability August 2 With Freshly Simplified Rules

The AI Act Omnibus agreement extends high-risk deadlines and adds a ban on 'nudifier' apps — as transparency obligations for AI-generated content take effect across the bloc.

R
Rina ChandraTech Reporter
2 min read

The EU AI Act reaches full applicability on August 2 — one month from now — completing the phased rollout that began with prohibited-practices rules in early 2025 and general-purpose AI obligations last August.

What changes August 2: The Act's transparency rules take effect, requiring clear disclosure when users interact with AI systems and when content — text, images, audio, video — is AI-generated or manipulated. Deepfake labeling becomes a legal obligation across the single market.

The Omnibus rewrite: Companies get some relief from the AI Act Omnibus, the simplification package EU legislators politically agreed in May. It clarifies existing requirements, extends compliance deadlines for high-risk AI systems, and streamlines overlapping digital rules — a response to industry warnings that the original timetable was unworkable.

The new prohibition: The Omnibus also adds teeth: effective December 2, 2026, the EU bans "nudifier" applications — AI systems that generate or manipulate sexually explicit or intimate imagery without consent, or that create CSAM.

Why Asia is watching: The AI Act remains the reference architecture for the region's lawmakers. South Korea's AI Basic Act, Taiwan's AI Basic Act and Vietnam's comprehensive AI law all borrow its risk-based structure, and exporters across Asia's electronics and software industries face its extraterritorial reach directly. How Brussels handles the August milestone — strict enforcement or pragmatic grace — will shape compliance postures from Seoul to Singapore.

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