The European Union AI Act - An overview

The European Union (EU) has taken an important step towards regulating artificial intelligence (AI) with the introduction of the AI Act, which came into force on August 1, 2024. This legislation aims to ensure the transparent and ethical use of AI, whilst balancing innovation and protection of fundamental rights. What are the key aspects of the AI Act and its impact on the market? Who is saying what about the Act and what are the most common questions? The New European Union AI Act - A Comprehensive Overview - JMW Solicitors