AI Coming to the EU: EU Artificial Intelligence Act’s Recent Publication, Next Steps
Highlights
The European Union’s Artificial Intelligence Act establishes the first comprehensive horizontal legal framework for regulating AI systems across the EU
The EU AI Act will enter into force on Aug. 1, 2024, with the majority of its provisions becoming enforceable on Aug. 2, 2026
The Act has broad extraterritorial implications, extending its reach to providers who put AI systems into service within the EU market, regardless of their location, therefore potentially including U.S. businesses
The European Union’s Artificial Intelligence Act, Regulation (EU) 2024/1689, was published on July 12 in the Official Journal of the European Union. This marks the establishment of the first comprehensive horizontal legal framework for regulating AI systems across the EU. The EU AI Act will enter into force on Aug. 1, 2024, with the majority of its provisions becoming enforceable on Aug. 2, 2026.
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