The act is a centrepiece of the EU s push to ensure it is not only a global leader in cutting greenhouse gas emissions, but also in manufacturing the clean tech required.
Called the AI Act, the new rules aim to set the guardrails for a technology used in a broad swathe of industries, ranging from banking to cars to electronic products and airlines, as well as for security and police purposes.
Artificial Intelligence: The rules will also regulate foundation models or generative AI like the one built by Microsoft-backed OpenAI, which are AI systems trained on large sets of data, with the ability to learn from new data to perform various tasks.
BRUSSELS (Reuters) -EU lawmakers and governments were still wrangling on Thursday over several key issues on landmark rules governing artificial intelligence, two sources familiar with the matter said, as talks extended through the night into a second day. The two sides agreed to a provisional deal on how to regulate fast-growing generative AI systems such as ChatGPT in the early hours of Thursday, overcoming one of the biggest stumbling blocks to a final deal, a source told Reuters. The other one, the use of AI in biometric surveillance, and source code access were yet to be debated after 17 hours of talks, two sources familiar with the matter said.