Approval of the Artificial Intelligence Act by the Council of the European Union.

Monday, 27 of May of 2024

The AI Act was approved on 21 May by the Council and will enter into force 20 days after its official publication. The main objective is to establish a regulatory framework for Artificial Intelligence within the European Union, promoting its use and development and guaranteeing specific protections for people in terms of health, safety and fundamental rights.

Aspects include: a notion of what AI systems are, their scope of application, a list of prohibited practices, a classification of risk-based AI systems, a list of high-risk AI systems and their requirements and obligations on the part of providers and companies using them, transparency obligations for certain systems, the incorporation of general-purpose AI models, and a sanctions regime.

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