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Check out this simplified interactive tool that can give some idea as to the classification of an AI Tool under EU Act   https://www.jdsupra.com/legalnews/does-the-eu-ai-act-classify-your-ai-4981104/  

Generative AI has the potential to be a vital tool to further enrich the world, Kishida said, according to a transcript of his speech provided in advance https://www.business-standard.com/world-news/japan-pm-kishida-unveils-a-framework-for-global-regulation-of-generative-ai-124050200810_1.html  

Japan is considering regulating both domestic and international large AI developers to mitigate societal risks like misinformation, following examples set by the US and EU. Previously, Japan relied on self-regulation by companies based on government guidelines to foster AI growth but is now contemplating a legal framework, with discussions slated to begin in May by […]

Google emphasizes that outdated immigration policies could hinder the US from attracting valuable AI and tech talent, urging modernization to meet demand. The company specifically calls for updates to Schedule A, which pre-certifies occupations lacking sufficient American workers, advocating for the inclusion of AI and cybersecurity and more frequent updates. Karan Bhatia, Google’s head of […]

Microsoft will invest $2.2 billion in cloud and artificial-intelligence infrastructure in Malaysia, coming on the heels of fresh spending plans in Indonesia and Thailand as the U.S. tech giant gears up for rising AI computing demand in Southeast Asia. The investment comes on the heels of fresh spending plans in Indonesia and Thailand as the […]

The Commodity Futures Trading Commission appointed its first Chief Artificial Intelligence Officer, Ted Kaouk, in response to the Biden administration’s focus on regulating AI use in the federal government. Kaouk, who currently serves as the CFTC’s Chief Data Officer, will develop strategies for overseeing and enforcing financial markets using AI. President Biden issued an executive […]

U.S. lawmakers are navigating the regulation of generative AI to combat deepfake technology while upholding First Amendment rights. Issues with deepfake AI, creating deceptive audio and visual replicas, have prompted legislative attention due to concerns about misuse. Proposed bills such as the No AI FRAUD Act and the NO FAKES Act aim to address the […]

AI technologies deployed in Australia largely originate from the United States, Europe, China and Japan with these countries being the innovators in the AI field having the highest patent filings globally[i]. The Australian government has recognised that to take advantage of globally supplied AI technologies and to support safe AI development and adoption, regulatory and […]

The regulatory and potentially statutory framework emerging to govern the development and use of artificial intelligence will likely create compliance requirements for organizations and possibly legal exposures as well. The EU regulation, to a certain extent, will have an impact as organisations will  have to ensure they are compliant if they operate in the EU […]

As the legislation nears final passage, organizations both developing and deploying AI will have new transparency and risk assessment requirements, with the final rules not yet written. The article examines what is in the legislation, banned use of AI, obligations of high-risk AI systems, and transparency requirements https://www.cio.com/article/2096040/what-it-leaders-need-to-know-about-the-eu-ai-act.html