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:

The European Union will propose establishing an advanced research project agency modeled on US government entities to invest in strategic technologies as part of a broader drive to boost the bloc’s competitiveness.

The most forward-thinking companies embrace AI with complete confidence because they have created governance programs that serve as guardrails for this incredible new technology. Effective governance ensures AI consistently aligns with an organization’s best interests,

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.

BRUSSELS: Artificial intelligence (AI), biotech and affordable clean energy will be the focus of a European Union (EU) drive to make the bloc globally competitive and ensure it keeps pace with rivals the United States and China,

Arbitration parties, arbitrators and administering institutions can all benefit from AI so long as its risks and limitations are fully understood and appropriately addressed.

AI technologies are transforming cybersecurity by enabling systems to process massive datasets in real-time, detect threats with precision, and automate responses. These capabilities have significantly enhanced the efficiency and accuracy of cybersecurity efforts.

The EU AI Act sets new global standards for AI governance, emphasizing a risk-based approach to compliance. Learn its impact on businesses worldwide.

Universal Music Group (UMG) , the world's biggest music label, and Swedish streaming giant Spotify have reached a new multi-year agreement for recorded music and music publishing, they said on Sunday.

Many outside Europe have stopped paying attention to the EU AI Act, deeming it a done deal. This is a terrible mistake. The real fight is happening right now, with the drafting of the proposed act to detail the rules for general-purpose AI (GPAI ...

The White House's new restrictions on global AI chip sales would make it harder for the EU to acquire and use them.

The European Union will raise concerns with the US over a decision to restrict the export of artificial intelligence chips from the likes of Nvidia Corp. to some of its member states, according to people familiar with the matter.