EU finalizes groundbreaking AI regulation, setting global standard

• The European Union has approved the world’s first comprehensive regulations for artificial intelligence, described as groundbreaking and setting a global standard. [techcrunch.com, news.yahoo.com, thenextweb.com, cnbc.com, benzinga.com, economictimes.indiatimes.com]
• The law bans certain high-risk AI use-cases like behavioral manipulation or social scoring, while providing exemptions for systems used exclusively for military, defense, or research purposes. [techcrunch.com, news.yahoo.com, thenextweb.com, cnbc.com, benzinga.com, economictimes.indiatimes.com]
• The regulations focus on promoting trust, transparency, and accountability in AI systems, implementing a “risk-based approach” to regulating AI use. [news.yahoo.com]

Sources:

• techcrunch.com
• news.yahoo.com
• thenextweb.com
• cnbc.com
• benzinga.com
• economictimes.indiatimes.com
• theguardian.com
• time.com
• latimes.com
• finance.yahoo.com