The long-awaited AI Act has recently been codified under Regulation (EU) 2024/1689. However, its provisions will be introduced gradually for operators involved in the artificial intelligence sector.

The EU AI Act (“AI Act”) takes a risk based approach and divides AI systems into four different risk groups: (1) prohibited AI practices, (2) high risk, (3) limited risk and (4) minimal risk ...

The AI Act outlines three levels of risk. • Unacceptable Risk: These systems are considered too dangerous to be allowed in the EU market. All systems that reach this level will be banned.

The European Union's risk-based rulebook for artificial intelligence — aka the EU AI Act — has been years in the making. But expect to hear a lot more ...

The specifics are set out in Article 5, but broadly, the Act is designed to cover a myriad of use cases where AI might appear and interact with individuals, from consumer applications through to ...

In August 2024, the first comprehensive regulatory framework with a focus on artificial intelligence (AI) risk came into force globally. The EU AI Act coincides with recent updates to labor law, data ...

Aug 1, 2024 -- Today, the European Artificial Intelligence Act (AI Act), the world's first comprehensive regulation on artificial intelligence, enters into force. The AI Act is designed to ensure ...

European companies including ASML Holding NV, Airbus SE and Mistral AI have called on the European Union to suspend the ...

One of the challenges is that AI literacy is lacking even among corporate leadership. A Deloitte survey of some 500 C-level executives and board members found that, as of this summer, 45 percent ...

The more meaningful similarity with the AI Act lies in the classification criteria VA HB2094 uses to mark an AI system as “high-risk.” As the Virginia bill’s obligations only apply to high-risk ...

Today, the European Artificial Intelligence Act (AI Act), the world's first comprehensive regulation on artificial intelligence, enters into force.