Tag: AI start-up

Europe within reach of landmark AI rules after nod from EU countries
Technology

Europe within reach of landmark AI rules after nod from EU countries

[ad_1] Europe on Friday moved a step closer to adopting rules governing the use of artificial intelligence and AI models such as Microsoft-backed ChatGPT after EU countries endorsed a political deal reached in December.The rules, proposed by the European Commission three years ago, aim to set a global standard for a technology used in a vast swathe of industries from banking and retail to the car and airline sectors. They also set parameters for the use of AI for military, crime and security purposes. EU industry chief Thierry Breton said the Artificial Intelligence (AI) Act is historical and a world first."Today member states endorsed the political agreement reached in December, recognising the perfect balance found by the negotiators between innovation and safety," he said in a statem...