World’s first major AI law enters into force — here’s what it means for U.S. tech giants

CNBC August 1, 2024
Ryan Browne

Key Points

– The AI Act, a landmark rule that aims to govern the way companies develop, use and apply AI, was given final approval by EU member states, lawmakers, and the European Commission.

– Now, four years after it was initially proposed, the law is finally goes into effect on Thursday.

– CNBC has run through all you need to know about the AI Act — and how it will affect the biggest global technology companies.

The European Union’s landmark artificial intelligence law officially enters into force Thursday — and it means tough changes for American technology giants.

The AI Act, a landmark rule that aims to govern the way companies develop, use and apply AI, was given final...

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