The EU AI Act sets a new standard for the governance of artificial intelligence in the European Union. Designed for a comprehensive approach, its risk-based framework aims to manage the potential hazards associated with AI technologies. This significant legislation has been in development for several years and will impact businesses and developers across Europe.
With the EU AI Act, organizations must navigate various compliance requirements based on the level of risk associated with their AI systems. High-risk applications will face stringent obligations, while lower-risk systems will encounter less regulation. Stakeholders from all sectors should prepare for the forthcoming changes as talks around the Act intensify.
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