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EU's AI Act Becomes Law, Sets New Standards

Aug 19, 2024, 04:01 PM

The European Union's AI Act has officially become law, marking a significant milestone in the regulation of artificial intelligence technologies. This landmark regulation adopts a risk-based approach, prohibiting high-risk practices and setting strict requirements for market entry. The AI Act is expected to shape the future of AI in Europe by leading the way in responsible AI innovation and governance. Businesses worldwide are looking to Europe for guidance as they prepare for the Act's enforcement. Legal experts are analyzing the legislation's implications, particularly for sectors like game development.