KEY POINTS Lawmakers passed the legislation in March, but its publication in the European Commission’s journal in July set the wheels in motion for its coming into force Under the law, regulators will evaluate AI technologies on a scale of four levels of risk Over 700 companies say they will sign on to an AI … Read more
In a landmark move, the European Council has approved the Artificial Intelligence Act, potentially setting the first global standards for AI regulation. On Tuesday, May 21st, the Council of the European Union took a significant step in regulating artificial intelligence, approving a groundbreaking law that sets a global benchmark for harmonising AI rules. AI Act: … Read more
AI laws are inevitable but are “not right for today”, the UK government says. Every country in the world will eventually need to adopt new legislation to address “the challenges posed by AI technologies”, but it is not the right approach to implement new laws “today”, according to a new AI policy paper produced by … Read more
The environment we combat at the end of 2023 is increasingly uncertain amidst geo-political tensions and economic fragility, but fresh approaches and ideas born of technology and innovation continue to emerge, constructed to both enrich and enhance the way we live and potentially help respond to the challenges we face. A number of these technologies … Read more
Much to the chagrin of OpenAI and other AI companies, the European Union is implementing stricter oversight for AI developers. Negotiators from The EU recently struck a landmark deal on the world’s first comprehensive artificial intelligence (AI) rules. The newly agreed draft of the EU’s upcoming AI Act will require OpenAI, the company behind popular … Read more
