EU lawmakers pass landmark artificial intelligence regulation

The EU AI Act, the groundbreaking set of regulations for artificial intelligence, has received approval from the European Parliament, marking a significant milestone in the path towards formal regulation of AI in the Western world.

The field of AI has become a major battleground in the global technology industry, with companies vying for leadership in its development, particularly in generative AI, which can generate new content based on user prompts.

These regulations represent the first comprehensive set of rules governing AI, CNBC has reported.

The capabilities of generative AI, from creating music lyrics to generating code, have captivated academics, business professionals, and even students.

READ MORE: https://www.cnbc.com/2023/06/14/eu-lawmakers-pass-landmark-artificial-intelligence-regulation.html

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