The Toronto-headquartered firm said participating in the new EU AI Act Code of Practice for General Purpose AI Models is part of its efforts to work with governments and businesses in the bloc. But it said the EU will need to keep engaging with industry to keep the document scientifically current and ensure smaller AI firms can compete. (The Logic)

Talking point: The voluntary collection of guidelines is designed to help firms that make large language models and other multi-use systems figure out how to comply with the EU’s AI law. It includes templates for firms to disclose details of their systems, requirements for transparency on the data on which they’re trained, and safety measures. Cohere’s independent model-making rivals Anthropic and OpenAI have already announced they’ll sign the code. But Meta has refused, claiming it creates legal uncertainty for AI developers. Meanwhile, dozens of major European firms, including model maker Mistral, urged the EU this month to pause implementation of the AI Act.