News with the tag "EU AI Act"

The EU AI Act is a comprehensive framework aimed at regulating AI use across the EU, fostering responsible innovation while ensuring ethical and societal considerations, with a phased implementation timeline and significant penalties for non-compliance.

The EU AI Act introduces a risk-based framework for AI regulation, and Google's commitment to the voluntary AI code of practice highlights its strategic engagement with EU policies despite industry debates on governance.

Meta is challenging the EU's AI Act and its voluntary Code of Practice for general-purpose AI models, arguing that the regulations overstep their intended scope and could stifle innovation in Europe.