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🚨 AI Act Penalties: What You Need to Know! 🤖 The upcoming AI Act sets forth stringent regulations and hefty financial penalties for non-compliance. Here's a quick breakdown: ⚠️ For prohibited practices or data non-compliance: Fines up to €35 million or 7% of annual turnover. ⚠️ For other requirements, including general-purpose AI: Fines up to €15 million or 3% of annual turnover. ⚠️ For providing incorrect or misleading information: Fines up to €7.5 million or 1% of annual turnover. At PrivacyEngine, we are committed to helping businesses navigate these new regulations and avoid severe penalties. Our consultants are ready to ensure your AI operations are compliant and secure! Learn more about our AI compliance services here: https://hubs.li/Q02Jlx2D0 📅 Schedule some time to speak with us: https://hubs.li/Q02Jlz2y0 #AIAct #Compliance #DataProtection #PrivacyEngine #AIRegulation #CyberSecurity

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