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Compliance Tip of the Day: Leveraging AI for Real-Time Third-Party Risk Management
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Just as the European Union is reassessing the EU AI Act, Colorado is considering a bill to narrow the scope of the Colorado AI Act before it even takes effect. Here are some points regarding SB 318 in Colorado:...more
In February 2025, the Virginia legislature passed a bill governing high risk artificial intelligence. On March 24, 2025, Governor Youngkin vetoed the bill. If enacted, the bill, titled the High-Risk Artificial Intelligence...more
The US relies on existing federal laws and guidelines to regulate AI but aims to introduce AI legislation and a federal regulation authority. Until then, developers and deployers of AI systems will operate in an increasing...more
Colorado waded into the deep end of AI regulation last year with the Colorado AI Act (Senate Bill 24-205), a sweeping law designed to rein in the risks of artificial intelligence (AI) and automated decision systems (ADS)....more
On May 17, 2024, the Governor of Colorado, Jared Polis, signed Senate Bill 24-205, “Concerning Consumer Productions in Interactions with Artificial Intelligence Systems” (“AI Law”). The AI Law takes effect on and from...more
Colorado is the latest state to introduce a bill focused on consumer protection issues when companies develop AI tools. The bill imposes obligations on developers and deployers of AI systems. Additionally, the bill provides...more