This browser is not actively supported anymore. For the best passle experience, we strongly recommend you upgrade your browser.
Welcome to Reed Smith's viewpoints — timely commentary from our lawyers on topics relevant to your business and wider industry. Browse to see the latest news and subscribe to receive updates on topics that matter to you, directly to your mailbox.
| less than a minute read

Europe Passes EU AI Act

The European Parliament moved the vote on the AI Act from April to today, and today the EU AI Act was passed.  It will enter intro force 20 days after publication in the Official Journal.  AI is broadly defined and AI risks fall into three categories: Limited, High and Unacceptable.  The law will apply to users, deployers, providers and importers of AI.  Non-compliance will come with heavy penalties of 35 million EURO or 7% of annual turnover, whichever is greater. 

Civil Liberties Committee co-rapporteur Dragos Tudorache (Renew, Romania) said: “The EU has delivered. ... The AI Act is a starting point for a new model of governance built around technology. We must now focus on putting this law into practice”.


emerging technologies