On 7 February 2024, the European Parliament adopted the directive amending the AIFM and UCITS Directives...
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B&R’s AI Act series – The risk-based approach of the AI Act
The AI Act, proposed by the European Commission (COM 2021/0206) has been approved by the European Parliament on March 13, 2024. It is a legislative framework aiming to regulate the ethical use of artificial intelligence (the “AI”) within the European Union (the “EU”), addressing challenges and promoting responsible innovation.
A milestone in the history of artificial intelligence with the approval by the European Parliament of the AI Act, the world’s first major set of regulatory ground rules to govern the artificial intelligence.
March 13, 2024 is a historic turning point in the evolution of artificial intelligence (the “AI”). Indeed, the European Parliament has just approved the AI Act, the world’s first major set of regulatory ground rules to govern the AI.