World's first major AI law enters into force here's what it means for U.S. tech giants
Briefly

The AI Act is a piece of EU legislation governing artificial intelligence. First proposed by the European Commission in 2020, the law aims to address the negative impacts of AI. The regulation sets out a comprehensive and harmonized regulatory framework for AI across the EU.
The legislation applies a risk-based approach to regulating AI which means that different applications of the technology are regulated differently depending on the level of risk they pose to society.
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