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ARTICLE · 01 MAY 2024

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EU Artificial Intelligence Act

George Z. Georgiou & Associates LLC
George Z. Georgiou & Associates LLC
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In a groundbreaking move in early December, the European Council and the European Parliament reached a provisional agreement on the text of the EU's new Artificial Intelligence Act, ...

European UnionTechnology
Vasilis Charalambous
Vasilis Charalambous
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In a groundbreaking move in early December, the European Council and the European Parliament reached a provisional agreement on the text of the EU's new Artificial Intelligence Act, marking a significant development.

The European Commission announced the Coordinated Plan on Artificial Intelligence (AI) review back in 2021, which laid down a concrete set of joint actions for the European Commission and Member States on how to create EU global leadership on trustworthy AI and the Proposal for a Regulation on artificial intelligence which aimed at addressing risks of specific uses of AI. In a groundbreaking move in early December, the European Council and the European Parliament reached a provisional agreement on the text of the EU's new AI Act, marking a significant development. By fostering innovation and propelling Europe to the forefront of the industry, this regulation represents a major step towards safeguarding democracy, environmental sustainability, human

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