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Yesterday, the European Commission announced over a hundred companies as the first signatories of the EU Artificial Intelligence (AI) Pact. Among the signatories are multinational corporations and EU small and medium enterprises from various sectors, including #aeronautics, #IT, #automotive, and #healthcare. The #AIACT came into force on August 1, 2024. However, some provisions will only become applicable at the end of the transitional period. Therefore, the European Commission is promoting the AI Pact, encouraging the industry’s voluntary commitment to anticipate the AI Act and begin implementing its requirements ahead of the legal deadline. The signatory companies commit to at least three core actions: 📌 Developing an AI governance strategy to foster the adoption of AI within the organization and work towards future compliance with the AI Act. 📌 Mapping high-risk AI systems: identifying AI systems likely to be categorized as high-risk under the AI Act. 📌 Promoting AI literacy and awareness among staff, ensuring ethical and responsible AI development. 👉 More Info on the AI Pact : https://lnkd.in/eYgEXMrg? #AIAct #EUAIPact #artificialintelligence #Europeancommission

🚀 Exciting News from the European Union! 🇪🇺 On May 29, the European Commission launched the AI Office to strengthen the EU's leadership in safe and trustworthy AI. This initiative will revolutionize AI development and deployment, ensuring societal and economic benefits while minimizing risks. 🌐✨ The AI Office will play a key role in implementing the AI Act, with a focus on general-purpose AI models and fostering research and innovation. Key units include: 🔹 𝐑𝐞𝐠𝐮𝐥𝐚𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐂𝐨𝐦𝐩𝐥𝐢𝐚𝐧𝐜𝐞: Ensures consistent application of the AI Act and handles investigations. 🔹 𝐀𝐈 𝐒𝐚𝐟𝐞𝐭𝐲: Identifies risks and develops evaluation methods for general-purpose models. 🔹 𝐄𝐱𝐜𝐞𝐥𝐥𝐞𝐧𝐜𝐞 𝐢𝐧 𝐀𝐈 𝐚𝐧𝐝 𝐑𝐨𝐛𝐨𝐭𝐢𝐜𝐬: Supports R&D and initiatives like GenAI4EU. 🔹 𝐀𝐈 𝐟𝐨𝐫 𝐒𝐨𝐜𝐢𝐞𝐭𝐚𝐥 𝐆𝐨𝐨𝐝: Focuses on AI projects for public benefit. 🔹 𝐀𝐈 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐏𝐨𝐥𝐢𝐜𝐲 𝐂𝐨𝐨𝐫𝐝𝐢𝐧𝐚𝐭𝐢𝐨𝐧: Oversees EU AI strategy and fosters innovation. With over 140 staff, the AI Office will collaborate with Member States, the European Artificial Intelligence Board, and other stakeholders to develop best practices and conduct rigorous testing of AI models. 📅 The organisational changes take effect on June 16, with the first AI Board meeting by the end of June. Let's embrace this new era of safe, innovative, and trustworthy AI in Europe! 🇪🇺🤖💡 #law #lawinaction #ArtificialIntelligence #AIOffice #EUInnovation #AIAct * Graphic by jcomp on Freepik

Artificial Intelligence is often seen as a shortcut to efficiency for resource-constrained public authorities, but this is a misconception. As Laura Lázaro Cabrera, our Equity and Data Director, highlighted during the European Committee of the Regions' Stakeholder Consultation, responsibly using AI is resource-intensive. Public authorities need qualified staff to assess AI’s value, ask the right questions, and manage its long-term impact. Under the #AIAct, they also face additional obligations, including carrying out a fundamental rights impact assessment. Transparency and accountability are critical. Beyond the requirements of the AI Act, public authorities should consider sharing as much information on AI systems used as possible to facilitate public awareness and oversight. #AIAct #ResponsibleAI #PublicSectorAI #Transparency

The European Parliament has recently made a significant stride by approving the AI Act with an impressive majority, setting the stage for a new chapter in the regulation of technology worldwide. Garnering 523 affirmative votes, this landmark legislation introduces a pioneering approach to AI regulation, prioritizing risk assessment and aiming to guide the development of AI in a direction that is both safe and centered around human values. The architects of the AI Act, Brando Benifei and Dragos Tudorache, have hailed this moment as monumental, heralding an era of thoughtful and accountable technological advancement. As we navigate the implications of this regulatory framework, poised to take effect in May 2025 for broad AI applications, it prompts critical reflection on its broader repercussions and the delicate interplay between fostering technological innovation and ensuring its ethical application. How will this act shape the international landscape of AI regulation? Could this regulation serve as a blueprint for international AI policy, or might it inadvertently segregate European technological progress from the global arena? Share your thoughts! #europeanparliament #euaiact #aiact #aiinnovation #artificialintelliegence

GA News | The #AIAct has been published on the Official Journal of the #EU   We are thrilled to share that the much-anticipated Artificial Intelligence Act (AI Act) has been finally published on the Official Journal of the EU. This landmark legislation sets a robust framework to ensure the development and deployment of AI technologies across Europe are safe, transparent, and aligned with fundamental rights and values. Key Provisions and Entry into Force:   📌 Risk-Based Approach: the AI Act classifies AI systems into categories based on the level of risk they pose, from minimal to high-risk, ensuring tailored regulatory requirements.    📌 Transparency Requirements: it mandates clear transparency obligations for AI systems, particularly those interacting with humans, to guarantee accountability and trust.   📌 Human Oversight: there are strict provisions for high-risk AI systems to ensure human oversight, mitigating the risk of automation bias and ensuring ethical usage.   📌 Entry into Force: the AI Act will officially enter into force 20 days after its publication in the Official Journal. However, specific provisions will be applied progressively over a set period to allow businesses and organizations to adapt and comply with the new regulations effectively, more specifically:  1. Bans on prohibited practises, which will apply six months after the entry into force date 2. Codes of practise, which will apply nine months after entry into force 3. General-purpose AI rules including governance, which will apply 12 months after entry into force  4. Obligations for high-risk systems, which will apply 36 months   At Grimaldi Alliance, we are committed to helping our clients navigate these new regulations and leverage AI responsibly and innovatively. Our expert team is ready to provide guidance and support to ensure compliance and to maximize the opportunities this new legislative framework offers.   Stay tuned for more updates and in-depth analyses of the AI Act from Grimaldi Alliance. #GrimaldiAlliance #GAHereThereAndEverywhere #AllOverTheWorld #AIAct #EURegulation 

#AIAct | The EU Commission has established the AI Office Today there is the crucial meeting among EU technical experts to finalize the AI Act. And in anticipation of that, the European Commission established the AI Office as a testament to the EU's commitment to fostering a robust and responsible AI ecosystem. This strategic development is pivotal, aligning with the ambitious goals of the EU AI Act to ensure that AI advances in harmony with ethical standards and societal values. The AI Office is not merely a regulatory body; it is a visionary institution poised to steer the course of AI development and integration within the European framework. Its mandate extends beyond oversight, embedding itself in the very fabric of AI innovation and operational integrity. The office's multifaceted role encompasses: 1️⃣ Strategic Assessment and Development: Crafting sophisticated tools and benchmarks to gauge and enhance the capabilities of general-purpose AI models. 2️⃣ Vigilant Oversight: Ensuring diligent adherence to AI-related regulations and preemptively identifying and mitigating emergent risks. 3️⃣ Investigative Rigor: Conducting thorough investigations into potential regulatory breaches, thereby upholding the integrity of AI applications. 4️⃣ Guidance and Standardization: Assisting in the formulation of pivotal Commission Decisions and fostering a harmonized approach to AI practices and standards. 5️⃣ Innovation and Support: Playing a central role in the conceptualization and operation of AI regulatory sandboxes, thus nurturing a culture of innovation within a structured regulatory framework. 6️⃣ Coordinated Governance: Orchestrating a cohesive governance structure that ensures alignment and cooperation between EU and national entities. In essence, the AI Office will be a crucial component of the EU strategy on AI, but today might be the big day for the finalization of the AI Act’s text, so stay tuned! *** 💥 𝐅𝐨𝐥𝐥𝐨𝐰 𝐦𝐞, Giulio Coraggio, for updates and discussions on the topic, and reach out for questions and to know more about our very 𝐢𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐯𝐞 𝐥𝐞𝐠𝐚𝐥 𝐨𝐟𝐟𝐞𝐫𝐢𝐧𝐠 👉 https://bit.ly/42ae1hP #FutureofAI #AIethics #InnovationGovernance #AIOffice #AI

🤔 Regulating #AI is as complex as the technology itself. Are you part of a civil society organisation or a policymaker in the digital space, finding it hard to untangle Europe's intricate AI regulations? We want to help you! At #DisinfoCon, we’ll dive into 3️⃣ crucial intersections between the EU's AI Act and the #DSA. The session will provide you with a clearer understanding of how the EU is shaping new standards for transparency, accountability, and the ethical use of AI. Additionally, you’ll discover the best avenues for presenting your technical research as evidence to support enforcement actions. Let us help you become a better advocate in the digital space! Join our #DisinfoCon2024! Register now ➡️ https://bit.ly/3LRTA3c 🤝Auswärtiges Amt (Federal Foreign Office) Germany #Disinformation #DigitalDemocracy

🚀 Embracing the Future of AI Regulation🚀 Was wonderful to hear from an array of talent last night, including senior civil servants at DSIT, about their approach AI regulation. The government's response to the AI consultation is not just a document; it's a potential blueprint for fostering a thriving ecosystem where innovation and safety can coexist. 🔍 Key Takeaways: 1. Agility & Innovation - The UK is setting a global benchmark by adopting a pro-innovation stance towards AI regulation. 2. Empowerment through Investment - With an investment exceeding £100 million in AI safety projects and research hubs, the UK government is putting its money where its mouth is. 3. Targeted Regulation - A particularly noteworthy aspect is the contemplation of targeted binding requirements for developers of advanced AI systems. This approach aims at ensuring accountability at the forefront of AI innovation. 4. Enhanced Transparency & Confidence - In a move to boost transparency and instill confidence among businesses, key regulators have been directed to publish their AI management strategies by April 30, 2024. A massive thank you to Jamie Bernardi and Erin Robertson for organising last night’s event. 🌟 Get in touch if you’re interested in finding out more! #AIRegulation #Innovation #SafetyFirst #FutureOfTech

Formally habemus the EU AI Act! The European Union’s AI Act has been formally adopted, marking a significant milestone in our journey towards responsible and ethical AI development and use. This comprehensive framework is set to pave the way for safer, more transparent, and accountable AI systems across Europe. The EU AI Act is a testament to the EU’s commitment to leading by example in the governance of emerging technologies. By establishing clear rules and standards, the Act aims to foster innovation while ensuring the protection of fundamental rights and the safety of all citizens. This development presents us with both opportunities and responsibilities. It’s a call to action for us to design, develop, and deploy AI systems that not only comply with these new regulations but also contribute positively to society. Let’s welcome this moment as a catalyst for positive change and work together towards a future where technology enhances the human experience, governed by principles of fairness, transparency, and respect. Thierry Breton Dragos Tudorache Roberto Viola Lucilla Sioli #AIAct #EuropeanUnion #TechnologyInnovation #ResponsibleAI #DigitalFuture

Such an incredible milestone for the EU with the provisional agreement on the Artificial Intelligence Act! Massive congratulations to all involved. Jeannette Gorzala thank you for keeping us updated with this historic moment that showcases meticulous attention to detail and summarising the key provisions: Scope and Definitions - Aligned with global standards. Classification - Stringent rules for high-risk AI systems. Governance - Establishment of an AI Office and advisory panels. Penalties - Reflecting global turnover, yet accommodating SMEs and start-ups. Transparency - Ensuring fundamental rights and assessments. Innovation Support - Encouraging innovation through regulatory sandboxes and testing. This sets the stage for the AI Act to come into effect in two years, marking a significant leap toward responsible AI governance. Exciting times ahead! #AIAct #EU #InnovationLeadership Ahmad Haj Mosa, PhD Matthias Grabner Hans Sailer Clemens Wasner Clemens Foisner Saeed Al Dhaheri Dr Sohail Munir Sherin Mathew Maja Brkljacic Martina Silov Andrew Schumer Dr. Eva-Marie Muller-Stuler Janat Soomro Ruediger Koester Naveed Syed Dimitrios Serpanos AI4VET4AI