Spain's council of ministers has proposed legislation imposing hefty fines on AI companies for improper labeling of AI-generated content to combat deepfakes. The bill, which could impose penalties ranging from €7.5 million to €35 million, aims to ensure AI is used for beneficial purposes like medical research and traffic improvement, rather than spreading misinformation. It also bans subliminal techniques and discriminatory practices based on biometric data. The legislation aligns with EU guidelines and is pending approval from Spain's Congress.