Stanford University Center for Research on Foundation Models, Rishi Bommasani and Kevin Klyman and Daniel Zhang and Percy Liang: “Foundation models like ChatGPT are transforming society with their remarkable capabilities, serious risks, rapid deployment, unprecedented adoption, and unending controversy. Simultaneously, the European Union (EU) is finalizing its AI Act as the world’s first comprehensive regulation to govern AI, and just yesterday the European Parliament adopted a draft of the Act by a vote of 499 in favor, 28 against, and 93 abstentions. The Act includes explicit obligations for foundation model providers like OpenAI and Google. In this post, we evaluate whether major foundation model providers currently comply with these draft requirements and find that they largely do not. Foundation model providers rarely disclose adequate information regarding the data, compute, and deployment of their models as well as the key characteristics of the models themselves. In particular, foundation model providers generally do not comply with draft requirements to describe the use of copyrighted training data, the hardware used and emissions produced in training, and how they evaluate and test models. As a result, we recommend that policymakers prioritize transparency, informed by the AI Act’s requirements. Our assessment demonstrates that it is currently feasible for foundation model providers to comply with the AI Act, and that disclosure related to foundation models’ development, use, and performance would improve transparency in the entire ecosystem.”