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With SB 813, California introduces a first-in-the-nation framework that reduces regulatory uncertainty and encourages responsible AI innovation. In addition to fostering public-private cooperation over top-down mandates, the...more
The Financial Policy Committee (FPC) of the Bank of England (BoE) has published the Financial Stability in Focus report on AI in the UK financial system. The FPC considers the potential benefits of AI with its growing...more
Key Takeaways - - The White House's Office of Management and Budget (OMB) has issued two new memorandums, which establish new federal policies for the use and acquisition of artificial intelligence (AI) by the federal...more
Since returning to office, President Trump quickly issued two executive orders that mark a significant shift in the federal government’s approach to artificial intelligence regulation and oversight (“Trump AI EOs”). These...more
On October 28, 2024, the U.S. Department of Treasury (Treasury Department) published a final rule (Final Rule) setting forth the regulations implementing Executive Order 14150 of August 9, 2023 (Outbound Investment Order),...more
The European Commission (EC) has published draft guidelines on the definition of an AI system to explain the practical application of the legal concept, as anchored in the EU AI Act. The EC aims to assist providers and other...more
It was a busy year for AI in 2024, and the Benesch AI Commission continued to follow the headlines and stay on top of legal developments. We wanted to take a look back at the year while also looking forward with some...more
Among the blizzard of executive orders issued following his inauguration, President Trump revoked former President Biden’s executive order addressing artificial intelligence (AI). A few days later, on January 23, 2025,...more
As expected, President Trump took action on the first day of his new term to revoke the landmark 2023 Executive Order on Artificial Intelligence (AI) that was the centerpiece of the Biden Administration’s approach to AI....more
The U.K. Government has published its response to the House of Commons Science, Innovation and Technology Committee report on the governance of AI. The Government welcomes the findings of the Committee and agrees with the...more
Earlier this year, the European Parliament approved the EU Artificial Intelligence Act (the “AI Act”) by a sweeping majority, becoming the world’s first comprehensive set of rules for artificial intelligence....more
When the AI Act was first proposed by the European Commission in 2021, the concept of “general purpose AI” was nowhere to be found. These rules were introduced during the legislative process to align the AI Act to the...more
Effective January 2, 2025, a final rule by the Department of the Treasury restricts investments in certain emerging technology sectors. Our International Trade & Regulatory Group examines the impact of the new U.S. Outbound...more
This session of Cooley’s AI Talks will cover ways to navigate the US, European Union, and UK regulatory and legislative risks of AI, including strategies for engaging with policymaking bodies and analyzing the business...more
Companies deploying high-risk artificial intelligence (AI) systems must prepare to navigate a complex landscape of new obligations by August 2, 2026. In this post we explain the key obligations for providers and deployers of...more
On September 24th and 25th, the National Institute of Standards and Technology (NIST) convened a symposium to generate new insights about the next steps needed to unleash AI innovations that will enable trust in this...more
The recent surge of accessible generative AI (“GenAI”) tools has kept attorneys, particularly those in the intellectual property, technology, data privacy, and cybersecurity spaces, on their toes. Within the intellectual...more
The United Nations’ “Governing AI for Humanity” report published in September underscores existing guidance addressing the rapid advancements in artificial intelligence but also adds a focus on the need for a global...more
On September 9, 2024, China’s National Technical Committee 260 on Cybersecurity released the first version of its AI Safety Governance Framework (the Framework), which was formulated to implement the Global AI Governance...more
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
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
On July 12, 2024, the European Union’s (EU) Artificial Intelligence Act (AI Act) was published in the Official Journal of the EU. This was the last step for the AI Act to become law. The AI Act will enter into force 20 days...more
Gray Reed has recently filed two significant amicus briefs challenging the Securities and Exchange Commission’s (SEC) controversial “regulation by enforcement” approach, particularly in emerging technology sectors....more
The successful implementation of the EU AI Act into national law is the primary focus for the Czech Republic, with its National AI Strategy being the main policy document. Laws/Regulations directly regulating AI (the “AI...more
Turkey has published multiple guidelines on the use of AI in various sectors; Turkish government expected to enact AI-specific regulation in the near future. Laws/Regulations directly regulating AI (the “AI Regulations”) ...more