The European Union (EU) Committee’s endorsement follows EU countries’ voting to approve the final text of the EU’s AI Act.
Legislators in the European Parliament approved the preliminary agreement on groundbreaking regulations for artificial intelligence (AI) on Feb. 13. This sets the stage for the world’s first legislation on this technology, with a legislative assembly vote scheduled for April.
The approval by the Internal Market and Civil Liberties Committees was reached with a vote of 71-8. The AI Act, as it is commonly known, intends to establish guidelines for a technology employed across various industries, including banking, automotive, electronics, aviation, security, and law enforcement.
The regulations will oversee foundational models or generative AI, such as the one developed by OpenAI and supported by Microsoft. These are AI systems trained on extensive data sets, capable of learning from new data for diverse tasks.
