Does the EU's AI Act need an update for newer AI models?

POLITICO reports that Microsoft President Brad Smith wants European officials to reconsider whether the AI Act still fits as AI evolves. Google DeepMind co-founder Demis Hassabis warned that older laws may miss current problems, though he did not mention the Act. EU officials say the law can handle AI agents. An October paper from Hungary raised concerns about models tested before release, authorities’ access to training information and liability for harm caused by agents.