A long-stalled bid to beef up European Union rules around online tracking technologies and put penalties on a similar footing ...

The first compliance deadline kicked in a couple of days ago for the European Union's AI Act, a risk-based framework for ...

Asset managers and fintechs face new compliance rules as €35m (US$36.2m) penalties loom for breaches of EU's sweeping AI ...

On Sunday, the deadline for prohibitions on certain AI systems and staff technology literacy requirements officially lapsed.

The first requirements under the EU Artificial Intelligence (AI) Act come into effect on February 2, 2025, banning the use of AI systems that involve prohibited AI practices and requiring providers ...

The EU AI Act is designed to address these issues ... time to ensure they meet all upcoming deadlines and avoid potential penalties.

Published today, the guide is designed to help legal and compliance teams understand the Act's scope, key concepts, and regulatory obligations. It offers clear insights into the types of AI systems, ...

The EU Act, which entered into force last August ... categorised as posing “unacceptable risks” to fundamental rights. Penalties under the AI Act are hefty, with developers engaging in ...

or 7% of their global annual revenues — whichever amount is higher — for breaches of the EU AI Act. The size of the penalties will depend on the infringement and size of the company fined.