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Published 1 year ago

How Europe is leading the world in building guardrails around AI

Summary by Ground News
The EU's Artificial Intelligence Act will govern any product or service that uses an artificial intelligence system. The act will classify AI systems according to four levels of risk, from minimal to unacceptable. Riskier applications will face tougher requirements, including being more transparent and using accurate data. Violations will lead to fines of up to 30 million euros ($33 million)

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