Friday, April 18, 2025
14.5 C
London
HomeFinTechEU AI Act: Addressing Unacceptable Risk Provisions and Their Impact

EU AI Act: Addressing Unacceptable Risk Provisions and Their Impact

Date:

SSV Smart Pay Secures $5 Million Funding to Drive Fintech Innovation

Achieving a $30 million valuation, SSV Smart Pay sets...

Trulioo Partners with PingPong Payments to Revolutionize Cross-Border Transactions

Enhancing global payment solutions with advanced business verification and...

BNY Mellon Enhances Compliance Framework with Behavox Quantum

Exploring the Strategic Partnership for Improved Regulatory Adherence and...

Navigating the New Regulatory Landscape for Artificial Intelligence in Europe

Highlights:

  • The EU AI Act sets forth a framework for regulating artificial intelligence based on risk categories.
  • New provisions target technology deemed as posing an unacceptable risk to society and individuals.
  • The implementation of these regulations may pose challenges for AI developers and businesses within the EU.

The EU AI Act introduces comprehensive regulations aimed at different levels of risk associated with artificial intelligence technologies. It emphasizes the need for stringent measures against AI systems categorized as posing unacceptable risks, such as those that threaten fundamental rights. As businesses prepare for compliance, the act may significantly reshape the landscape for AI development and deployment across Europe, highlighting the importance of adhering to emerging technological regulations.

Related stories

spot_img

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories