EU agrees ‘historic’ rules to regulate AI

Silicon Republic December 11, 2023
Vish Gain

Thierry Breton said the AI Act, set to take effect in 2025, is a ‘launchpad’ for EU start-ups and researchers to lead the global AI race.

The European Union has become the first political entity to agree on a set of rules to regulate artificial intelligence after members of the EU Parliament and Council reached an AI deal over the weekend after days of negotiation.

First proposed in early 2021, the AI Act was passed by the Parliament in June to establish a set of rules to categorise different AI systems based on the risks they pose, monitor their use and prohibit them from being misused within the EU.

Calling it a “historic moment”, Commission president Ursula von der Leyen...

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