When focusing on getting a company off the ground and ensuring success for those involved—founders, employees, investors, etc.—there are some concerns regarding artificial intelligence (AI) that would be wise to keep in mind....more
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
The European Commission, UK Competition and Markets Authority, US Department of Justice, and US Federal Trade Commission have issued for the first time a joint statement outlining their commitment to working together to...more
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
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
The EU AI Act was adopted by the Council of the European Union on May 21, 2024. It will be officially published in the EU Official Journal during the second half of July and likely to come into force by August this year,...more
After lengthy negotiations, representatives of the EU Council, European Parliament, and European Commission have reached a compromise in principle on rules for the use of artificial intelligence (AI), ushering in new...more
Representatives from the European Parliament, the European Council, and the European Commission agreed on wording to Article 6 of the draft AI Act addressing important classification rules for high-risk artificial...more
The EU AI Act is currently still in the negotiation phase, or trilogue, in Brussels. If passed, it will have a significant impact on the M&A sector. The EU is encouraging European companies to become more active in the...more