SUMMARY: 1. Introduction: the previous phases of the legislative process for the adoption of the AI Act. – 2. The EP’s Position on the AI Act: the expansion of “unacceptable” and “high risk” AI systems and the increase of fines. – 3. The EP’s Position on the AI Act: the provisions on foundation models and generative AI systems (follows). – 4. Concluding remarks: two considerations on the next steps of the legislative process.