News with the tag "European AI"

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.

Mistral AI, a French startup, is close to securing $1 billion in funding to bolster European AI sovereignty and compete globally, with a focus on open-weight large language models and strategic infrastructure like AI data centers.