VentureBeat December 12, 2023
Sharon Goldman

Following a three-day marathon of negotiations, the EU AI Act finally passed over the weekend with Carme Artigas, the Spanish secretary of state for digitalization and artificial intelligence, calling it “a historical achievement, and a huge milestone towards the future!”

Among other agreements, the EU AI Act requires systems labeled as ‘high-impact general purpose AI models’ to adhere to transparency standards, while those classified as ‘high risk’ are subject to extra requirements including risk management, monitoring of severe incidents, evaluating the AI model, and implementing red teaming strategies.

In other words, the EU AI Act was massive, champagne-popping AI news — for about a minute. It lost some media momentum when it became clear that the Act is a provisional...

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