Following the publication of the European Union’s Artificial Intelligence Act (AI Act or Act) on 12 July 2024, there are now a series of steps that various EU bodies need to take towards implementation. One of the first key...more
On 12 July 2024, the European Union Artificial Intelligence Act (AI Act or Act) was published in the Official Journal of the European Union (EU), marking the final step in the AI Act’s legislative journey. Its publication...more
Welcome to the April-May edition of Akin Intelligence. This edition is a double header, covering both months as we prepare for the launch of our new AI Hub—a one-stop resource for AI coverage that will launch soon. Starting...more
6/14/2024
/ Artificial Intelligence ,
Bureau of Industry and Security (BIS) ,
CFTC ,
Department of Homeland Security (DHS) ,
Draft Guidance ,
Executive Orders ,
Federal Trade Commission (FTC) ,
Food and Drug Administration (FDA) ,
Know Your Customers ,
Machine Learning ,
Memorandum of Understanding ,
National Science Foundation ,
NIST ,
OMB ,
Risk Management ,
UK ,
USPTO
On May 21, 2024, the European Union finalized the adoption of the groundbreaking EU Artificial Intelligence Act, a comprehensive and sector-agnostic legislation that extends globally. This 420-page Act aims to regulate the...more
6/3/2024
/ Artificial Intelligence ,
Automated Decision Systems (ADS) ,
Biometric Information ,
Code of Conduct ,
Compliance ,
Critical Infrastructure Sectors ,
Enforcement ,
EU ,
European Commission ,
Facial Recognition Technology ,
Information Governance ,
Machine Learning ,
Medical Devices ,
New Legislation ,
OECD ,
Penalties ,
Regulatory Standards ,
Risk Assessment ,
Risk Management ,
Supply Chain ,
Transparency ,
Voting Requirements
On 21 May 2024 the Council of the European Union (EU) announced the final approval of the landmark EU Artificial Intelligence Act (AI Act or Act). As previously highlighted (see our December 2023 alert), the AI Act is a first...more
5/24/2024
/ Artificial Intelligence ,
Data Collection ,
Enforcement ,
Ethics ,
EU ,
Facial Recognition Technology ,
Final Rules ,
Information Governance ,
OECD ,
Penalties ,
Risk Management ,
Sensitive Personal Information ,
Supply Chain ,
Transparency
On March 11, 2024, President Biden unveiled his fiscal year (FY) 2025 budget request, which includes funding to implement key directives outlined in his extensive executive order regulating artificial intelligence (AI EO)...more
3/14/2024
/ Artificial Intelligence ,
Department of Homeland Security (DHS) ,
Department of Labor (DOL) ,
Executive Orders ,
Federal Aviation Administration (FAA) ,
Federal Budget ,
General Services Administration (GSA) ,
HUD ,
Joe Biden ,
Risk Management ,
U.S. Commerce Department ,
USDA
On Wednesday, June 21, 2023, Senate Majority Leader Chuck Schumer (D-NY) unveiled the five policy objectives underpinning his ongoing work on a legislative framework to regulate Artificial Intelligence (AI)—the Security,...more