It's true a major funding round can show market confidence, but to use it as the sole empirical evidence for an AI Act's viability feels like a stretch.
One company's success doesn't mean the whole system is watertight; there are too many variables, like specific product niches or unforeseen compliance costs, that could still cause a drawdown for others.
We need to consider if that financing was contingent on certain regulatory conditions that might not hold for the broader industry.
What if a key competitor, with different business needs, faces a significant downside from the same legislation?
For example, a general-purpose AI model might have far higher compliance costs than a specialized one, even if both operate in the same market.