AI Act Archives

NYAG outlines benefits and risks of AI in anticipation of potential regulation

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9 August, 2024

NYAG outlines benefits and risks of AI in anticipation of potential regulation

Key benefits included AI’s application in the healthcare sector and the streamlining of administrative tasks, while possible risks include algorithmic...

Meta to halt AI releases in EU due to ‘unpredictable’ regulations

Business

Steve Kaaru

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25 July, 2024

Meta to halt AI releases in EU due to ‘unpredictable’ regulations

Meta joins Apple in blackballing EU users, but unlike the iPhone maker’s anti-competitive reasons, it’s concerned about using public data...

Japan adopts friendly stance toward AI to attract global investments

Business

Wahid Pessarlay

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24 June, 2024

Japan adopts friendly stance toward AI to attract global investments

Japan seeks to lure leading AI companies to the country by adopting a “regulatory-light approach,” a step different from the...

Business

Patrick Thompson

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15 March, 2024

EU Parliament passes landmark AI Act

The European Union parliament has approved the AI Act, which will introduce a regulatory framework that categorizes artificial intelligence apps...

EU AI Act paves the way for regulatory clarity—what does it mean?

Business

Gavin Lucas

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19 February, 2024

EU AI Act paves the way for regulatory clarity—what does it mean?

While critics think that the European Union is over-regulating again with its AI Act, others see this as an advantage...

AI regulation on top of Italy’s priority list as it takes on G7 presidency

Business

Wahid Pessarlay

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10 January, 2024

AI regulation on top of Italy’s priority list as it takes on G7 presidency

Italy, as the new G7 president, prioritizes AI regulation for industry innovation, with Prime Minister Giorgia Meloni planning a dedicated...

A closer look at European Union’s AI Act

Business

Patrick Thompson

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14 December, 2023

A closer look at European Union’s AI Act

The European Union is one of the first movers in its attempt to shape the global landscape of artificial intelligence...

EU agrees ‘historic’ deal to regulate AI

Business

James Field

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12 December, 2023

EU agrees ‘historic’ deal to regulate AI

Legislators in the European Union reached an agreement on the Artificial Intelligence Act, which aims to ensure that "fundamental rights,...

Southeast Asia to pursue hands-off AI regulatory framework: report

Business

Steve Kaaru

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18 October, 2023

Southeast Asia to pursue hands-off AI regulatory framework: report

Under ASEAN, the region has proposed a framework that only provides guardrails for artificial intelligence, leaving the nuances to the...

EU aims for balanced regulation amid AI Act concerns

Business

Wahid Pessarlay

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20 September, 2023

EU aims for balanced regulation amid AI Act concerns

The European Union plans to lead in AI regulation with its AI Act, but industry stakeholders express concerns over stifled...

Massachusetts probes AI use in securities industry amid heightened concerns over tech

Business

Wahid Pessarlay

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12 August, 2023

Massachusetts probes AI use in securities industry amid heightened concerns over tech

Massachusetts has launched a formal investigation into the application of artificial intelligence in securities, focusing on potential conflicts of interest...

Japan to shun ‘impossible’ EU AI regulations, leans toward soft approach: report

Business

Steve Kaaru

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8 July, 2023

Japan to shun ‘impossible’ EU AI regulations, leans toward soft approach: report

While the European Union and Japan have pledged to work together on AI, the latter wants to emulate United States’s...

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