They met in response to a letter that warned that AI could spread misinformation at an unprecedented rate, and that machines could "outnumber, outsmart, obsolete and replace" humans.
“We are a close observer because Israel is a key partner, and our shared values are based on a democratic and open society and the rule of law,” Borrell said.
Israeli law prohibits supporters of the boycott, divestment and sanctions movement from entering the country.
Designating the IRGC as a terrorist group would mean that it would be a criminal offense to belong to the group, attend its meetings and carry its logo in public.
27 EU members met in Brussels to listen to Zelensky speak about the Russian invasion and pledge further support.
The Israeli president called on the European Parliament to act against Iran.
The EU declined to sanction the 125,000-strong IRGC without a court decision from an EU nation that declares it is engaged in terrorist activities.
Herzog will give an address before the European Parliament to mark International Holocaust Remembrance Day on Thursday.
The European Parliament last week called on the EU to list the IRGC as a terrorist entry.
"We are ready to reciprocate. But we ask the Westerners to think carefully so that the window of opportunity for diplomacy is not closed," said the Speaker of Iran's Islamic Council.