News & Analysis as of

European Union Technology Sector

The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of... more +
The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of WWII. The EU maintains a common currency as well as several intranational institutions, including the European Parliament and the European Commission. less -
Orrick, Herrington & Sutcliffe LLP

The EU AI Act: 6 Steps to Take in 2024

This update is part of our EU AI Act Series. Learn more about the EU AI Act here. The EU AI Act has been formally adopted and the countdown to the start of enforcement has begun. Here are six steps you can take to jump start...more

Orrick, Herrington & Sutcliffe LLP

The EU AI Act: Who and What Is Covered?

This update is part of our EU AI Act Series. Learn more about the EU AI Act here. The EU AI Act imposes obligations on providers, importers, distributors and deployers of AI systems and General-Purpose AI Models (GPAIMs). ...more

A&O Shearman

Zooming in on AI – #4: What is the interplay between “Deployers” and “Providers” in the EU AI Act?

A&O Shearman on

One of the key aspects of the EU AI Act (“AI Act”)[1] is linked to the qualification of providers and deployers and the nuances which help distinguish between the two categories of stakeholders. What would this mean in...more

Orrick, Herrington & Sutcliffe LLP

The EU AI Act: Application to Open-Source Projects

This update is part of our EU AI Act Series. Learn more about the EU AI Act here. The EU AI Act only regulates certain covered AI-related technologies — AI systems and General-Purpose AI Models (GPAIMs)....more

Orrick, Herrington & Sutcliffe LLP

The EU AI Act: What Employers Should Know

This update is part of our EU AI Act Series. Learn more about the EU AI Act here. Employers in the European Union face new compliance obligations under the EU AI Act, a new set of rules that regulates the use of artificial...more

Hogan Lovells

The start of your AI Act compliance journey

Hogan Lovells on

Businesses across the world are currently looking at ways of implementing artificial intelligence (AI) in their operations. In doing so, they face complex new regulatory compliance obligations, including those set out in the...more

Skadden, Arps, Slate, Meagher & Flom LLP

The Informed Board - Summer 2024

Across industries, companies are facing new and uncertain regulatory pressures and demands in areas including artificial intelligence, sustainability, algorithmic pricing and fintech-bank relations. In this issue of The...more

A&O Shearman

Cyber-attack victim obtains injunction to prevent publication of stolen data

A&O Shearman on

Following a high-profile cyber-attack earlier in the year which impacted the medical data of NHS patients, the English High Court granted Synnovis an interim injunction which prevents the publication of the stolen data. This...more

Goodwin

In a Landmark Judgment, Top European Court Curbs European Commission’s Ability to Review “Killer Acquisitions”

Goodwin on

On 3 September 2024, the European Court of Justice (ECJ) ruled that the European Commission (Commission) cannot encourage or accept referrals for below-threshold deals from national competition authorities if those...more

A&O Shearman

Zooming in on AI – #2: AI System vs AI models

A&O Shearman on

The Artificial Intelligence Act (AI Act) entered into force on 1 August 2024 and is the world's first comprehensive legal framework for AI regulation. As companies start incorporating AI tools into their business, products...more

Skadden, Arps, Slate, Meagher & Flom LLP

AI Safety: The Role of the Board in Assessing and Managing AI Risk

As AI systems become more complex, companies are increasingly exposed to reputational, financial and legal risk from developing and deploying AI systems that do not function as intended or that yield problematic outcomes. The...more

A&O Shearman

Is there a trend towards bifurcation at the UPC?

A&O Shearman on

In an order (UPC_CFI_410/2023, ORD_35569/2024) dated 10 July 2024, the Mannheim Local Division referred a revocation counterclaim to the Central Division in Paris previously seized of a parallel stand-alone revocation action,...more

Eversheds Sutherland (US) LLP

Commercially Connected Shorts - 21 August 2024

Welcome to Commercially Connected shorts, our weekly bitesize newsletter summarising the latest international commercial law updates. This week we look at: - Are your records in order – responding to ECCTA and other...more

Bass, Berry & Sims PLC

EU’s AI Act – Coming to an AI Near You

On August 1, the European Union’s Artificial Intelligence Act (Act) entered into force. This groundbreaking legislation is set to be implemented in stages over the coming years and is expected to have a profound impact on the...more

Baker Donelson

EU AI Act Tightens Grip on High-Risk AI Systems: Five Critical Questions for U.S. Companies

Baker Donelson on

A new era of AI legislation has begun as the EU AI Act enters into force on August 1, 2024. With broad extraterritorial reach, significant penalties of up to seven percent of worldwide annual turnover, and an emphasis on...more

A&O Shearman

Zooming in on AI: When will the AI Act apply?

A&O Shearman on

EU Regulation 2024/1689, also known as the Artificial Intelligence Act (AI Act), enters into force as of 1 August 2024. But when will it become applicable? The AI Act sets out a harmonized legal framework for the...more

Mayer Brown

AI, Allocation of Responsibilities and Liability

Mayer Brown on

As the European Union sets the stage for groundbreaking AI regulation, our podcast offers a comprehensive exploration of this landmark legislation. Join us as we dissect the EU AI Act, unpacking its key provisions and...more

Morgan Lewis

EU AI Act Compliance: 10 Key Steps for Providers and Deployers of AI Systems

Morgan Lewis on

The European Union’s new AI Act (the Act) went into efect on 1 August 2024. The Act is the first-ever comprehensive law focused on artifcial intelligence and machine learning (collectively, AI). The Act impacts many...more

Orrick, Herrington & Sutcliffe LLP

The EU AI Act: What Employers Need to Know

The EU AI Act is a new set of rules that regulates the use of AI in the EU. It is the first of its kind in the world and aims to balance the protection of human rights and the promotion of innovation. The Act applies to...more

Kilpatrick

The EU AI Act Enters into Force

Kilpatrick on

On August 1, 2024, the European Union's Artificial Intelligence Act (EU AI Act), entered into force. The EU AI Act is the first enacted comprehensive legislation targeting recently developed advanced artificial intelligence...more

Morgan Lewis

The EU AI Act Is Here—With Extraterritorial Reach

Morgan Lewis on

Regulation almost always follows innovation, and the AI sector is no exception. The EU’s Artificial Intelligence Act is a world premiere. Published in the EU’s Official Journal on July 12 after many months of intense debate,...more

Morgan Lewis

The EU AI Act is Here: 10 Key Takeaways for Business and Legal Leaders

Morgan Lewis on

The European Union’s new AI Act (Act) will come into effect on August 1, 2024. The Act is the world’s first comprehensive artificial intelligence and machine learning (collectively, AI) focused law. It will have a sweeping...more

WilmerHale

UK, EU, and US release joint statement on competition in generative AI foundation models and AI products

WilmerHale on

On July 23, the European Commission, US Department of Justice, US Federal Trade Commission, and UK Competition and Markets Authority released a joint statement setting out shared principles on competition in markets that...more

Goodwin

The Rapid Rise of AI, in Five Charts

Goodwin on

With remarkable speed, AI has evolved from an intriguing concept into a practical business tool that is drawing large investments and more regulatory oversight. The launch of generative AI (GenAI) tools in late 2022 helped...more

A&O Shearman

AI Act published in EU Official Journal to enter into force on 1 August 2024

A&O Shearman on

On 12 July, 2024, the Regulation (EU) 2024/1689 laying down harmonised rules on artificial intelligence (the ‘EU AI Act’) was published in the official Journal of the European Union. The EU AI Act aims to establish a...more

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