Spain wants to impose fines of up to $38 million or 7% of turnover for AI-generated content like deepfakes that are not properly labeled.

Spain's government approved a bill on Tuesday imposing massive fines on companies that use content generated by artificial intelligence (AI) without properly labelling it as such, in a bid to curb the use of so-called "deepfakes".

Spain’s council of ministers approved a draft law that would fine AI companies up to €35 million for not correctly labelling their content. View on euronews

Spain is cracking down on unlabeled AI-generated content. A new law fines companies up to €35 million or 7% of their revenue if they fail to label AI-generated media.