Major AI systems now face strict compliance requirements as Europe leads regulatory charge
The European Union's Artificial Intelligence Act officially takes effect, establishing the world's first comprehensive AI regulation framework. High-risk AI systems must now undergo rigorous assessments, while prohibited AI practices like social scoring face complete bans. Tech giants including Google, Microsoft, and OpenAI are scrambling to ensure compliance across their AI products. The legislation impacts any AI system used within EU borders, effectively setting global standards. Companies face fines up to €35 million or 7% of global revenue for violations. Privacy advocates celebrate the move as a crucial step toward responsible AI development.
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