February 4, 2024
1 min read

27 EU states endorse AI legislation

The European Parliament is anticipated to vote on the finalized text in March or April before it becomes law, with the AI Act slated to enter into force 20 days after publication in the official journal…reports Asian Lite News

The 27 member states of the European Union (EU) have unanimously endorsed the bloc’s “landmark legislation” governing the utilization of artificial intelligence (AI), also known as the EU AI Act, according to European Commissioner for the Internal Market Thierry Breton.

Breton described the move as “historic, world first, pioneering” on the social media platform X, emphasizing that negotiators have found the “perfect balance between innovation and safety.”

In December, EU lawmakers and member states reached a political agreement on the key provisions of the AI Act, hailed by the European Commission as the “first-ever comprehensive legal framework on AI worldwide”.

However, the complexity of the legislation prompted months-long technical refinement, during which countries like France and Germany expressed concerns particularly regarding the stringent regulatory rules for powerful AI models, prompting a new round of discussions on its contents.

The European Parliament is anticipated to vote on the finalized text in March or April before it becomes law, with the AI Act slated to enter into force 20 days after publication in the official journal.

While the legislation will not take immediate effect, certain rules will be implemented within six months, and other aspects will be enforced two years later.

ALSO READ-EU condemns human rights violations in Myanmar

Previous Story

Tata Motors starts work on gigafactory in UK

Next Story

Google officially ends its ‘cached’ web page feature

Latest from -Top News

India, Namibia to Boost Ties During Modi Visit

This will be the first visit of Prime Minister Modi to Namibia, and the third-ever Prime Ministerial visit from India to Namibia….reports Asian Lite News Prime Minister Narendra Modi’s forthcoming visit to

Quantum Leap Secures India’s Edge

The Minister said India has entered a new quantum era, set to transform future warfare….reports Asian Lite News India has taken a major leap in defence and cyber security by successfully demonstrating

India’s Growth Defies West Asia Tensions

The deepening crisis in West Asia, particularly between Israel and Iran, has had little to no visible impact on India’s economic trajectory or its export performance….reports Asian Lite News The limited trade

FM Sitharaman Embarks on Three-Nation Tour

She is leading the Indian delegation from the Department of Economic Affairs under the Ministry of Finance….reports Asian Lite News Union Finance Minister Nirmala Sitharaman commenced her official visit to Spain, Portugal,
Go toTop

Don't Miss

Wipro Ventures Commits $200 Million to Boost Startup Investments

Since its inception, Wipro Ventures has made remarkable strides in

Japan to strengthen ties with EU to counter China

Japan has been trying to strengthen its partnerships with its