The EU has opened a consultation on a proposed AI Liability Directive (AILD). The AILD would establish a liability regime for ...
The funds will be used for the development of four 'gigafactories' with 100,000 state-of-the-art chips, among other projects.
AI’s rapid market proliferation and regulatory expansion mirrors privacy’s, and businesses should model their contractual AI ...
Asset managers and fintechs face new compliance rules as €35m (US$36.2m) penalties loom for breaches of EU's sweeping AI ...
Last week, the first provisions of the EU AI Act came ... you have to do a risk assessment.” “Some of the bigger companies maybe have people on board that [perform AI assessments]—special ...
Brexit has had sweeping effects on AI regulation in the U.K. and EU. Leaving the EU five years ago means the U.K. has not had ...
World’s first comprehensive regulation: The European Union Artificial Intelligence Act (“EU AI Act”) entered into force on August 1, 2024.
They’ll most likely announce some big investments and diplomatic agreements focused on safety or the environmental impact ... by AI startups in 2024 was for a seed to Series B round. European ...
The EU AI Act is not just a local regulation; it will have a global impact. Companies outside the EU, including those in the US and other regions, will also need to comply with the Act if they ...
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