With the February 2 deadline for implementing the first stages of the EU AI Act upon us, more than 130 companies have joined the AI Pact initiative launched by the European Commission to help on the path to compliance with this complex legislation.

The AI Act's rules on banned AI systems including facial recognition systems start to apply 2 February. View on euronews

In the EU, the AI Act has been approved, carrying significant implications for medical device, technology, and pharmaceutical firms. In the US,

One of the main problems of the EU AI Act is its risk-based approach to AI regulation. Under the Act, AI systems are classified by their risk level, and high-risk systems will be subject to the most strict requirements. This classification system is problematic for several reasons:

Royal Philips NV urged the European Union not to create regulatory hurdles that might slow progress in artificial intelligence, amid growing concern about the continent’s absence in the race to develop the technology.

Approaches to regulating artificial intelligence (AI), from creation to deployment and use in practice, vary internationally. Daryl Lim, Penn State Dickinson Law associate dean for research and innovation,

The EU AI Act strikes a balance between AI innovation & safety. It establishes clear guidelines for risk management, ongoing monitoring, & human supervision.

The world’s most significant and far-reaching AI regulation is about to kick into gear, and companies have been readying their compliance while waiting for clarifying guidance.

Contributors Erica Werneman Root, Monica Mahay and Hatla Færch Johnsen describe the process of designing a comprehensive AI literacy program that fits the organizational context.

M&A involving companies that use or develop artificial intelligence (“AI”) offerings. The rise of AI has brought

The EU has used trumped-up ‘antitrust’ complaints as a device to loot U.S. high tech companies for years. The appropriate response should be retaliation.

AI, biotech and affordable clean energy will be the focus of an EU drive to make the bloc globally competitive and ensure it keeps pace with rivals the United States and China, according to a draft European Commission paper seen by Reuters.