The European Union has denied that recent moves to row back on some planned tech regulation -- principally by ditching the AI ...

The EU prides itself on being a global innovator in artificial intelligence regulation. Indeed, August 1, 2024 saw a historic moment as the world's first comprehensive legislation on AI started coming ...

Last year, the bloc’s AI Act – stringent rules which regulate AI systems according to the risk they pose to society – entered ...

DADO RUVIC / REUTERS The first measures of the European AI Act will come into effect on Sunday, February 2 –coincidentally, just a few days before the Summit for Action on Artificial ...

From Sunday, new restrictions will apply to the use of artificial intelligence (AI). For example, the evaluation of social behavior, which is used extensively in China, will be prohibited.

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. This Sunday, 2 February, the first key provisions of the ...

(Reuters) -Microsoft on Wednesday forecast disappointing growth in its cloud computing business, sending its shares down more than 5% as investors worry about big spending, elusive artificial ...

Despite beating quarterly overall sales estimates, investors want better results from the hundreds of billions of dollars that Wall Street heavyweights have been spending to build AI data centers ...

Portugal is enthusiastically embracing AI, with the nation part of a consortium of 17 countries working to set up Europe's first factories in seven EU member states. Moreover, the Porto-based ...