The European Union wrapped up approval of the world s first law governing AI development last week. This legislation takes a tiered approach, setting varying compliance timelines and regulations based on the potential risk each AI system poses. Generally applicable AI will have a year to comply, while high-risk systems get up to three years.
Budget News: The interim budget announces a Rs 1 lakh crore corpus fund to spur R&D, innovation, and technological advancement. Startups and academicians hail the
Indian law firm Shardul Amarchand Mangaldas & Co. has hired transaction lawyer Shruti Singh as a partner in New Delhi from Khaitan & Co., where she was an of counsel.
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