Common Contracts
1 similar Political Agreement contracts
EU AI ACT – POLITICAL AGREEMENT REACHEDPolitical Agreement • December 15th, 2023
After months of fierce debate, political agreement was finally reached on the EU’s landmark AI Act on 8th December 2023. Ursula von der Leyen described it as “the first-ever comprehensive legal framework on Artificial Intelligence worldwide” and it is true to say that it has caught the attention of organisations across the globe, with its wide extra-territorial reach, high fines and prohibition on certain types of AI which pose an unacceptable risk.
