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The EU Artificial Intelligence Act (Regulation 2024/1689) enters into force on August 2, 2026, marking the enforcement deadline for general-purpose AI (GPAI) model providers. From this date, the European Commission will have enforcement powers including the authority to impose fines up to €15 million or 3% of global turnover under Article 101 of the AI Act. Providers of the most advanced GPAI models that pose systemic risks are legally obliged to notify the AI Office. For broader AI Act breaches under Article 99, penalties can reach €35 million or 7% of global turnover. The Commission's supervision and enforcement powers against GPAI model providers come into full effect on this date. European Commission Digital Strategy reported the core details. MediaLaws noted additional context. AI Act Service Desk added corroborating details.