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But amid the political chaos, the way we do business saw some dramatic shifts—from Volkswagen’s annus horribilis, despite topping the Fortune 500 Europe, to the meteoric rise of AI.
European Union officials worked into the late hours last week hammering out an agreement on world-leading rules meant to govern the use of artificial intelligence in the 27-nation bloc. The ...
Companies in Europe have received far lesser funding—by 10-fold—compared to their rivals across the Atlantic. Europe is falling behind in generative AI, with the U.S. light years ahead. But ...
The world's biggest technology companies have embarked on a final push to persuade the European Union to take a light-touch approach to regulating artificial intelligence as they seek to fend off ...
A European Parliament committee voted to strengthen the flagship legislative proposal as it heads toward passage, part of a yearslong effort by Brussels to draw up guardrails for artificial ...
This is especially true for companies in Central and Eastern Europe. [2] [3] [4] Other digital technologies, such as platforms or big data, are projected to have a more neutral impact on employment. [2] [4] A large number of tech workers have been laid off starting in 2023; [5] many such job cuts have been attributed to artificial intelligence. [6]
The Artificial Intelligence Act (AI Act) [1] is a European Union regulation concerning artificial intelligence (AI). It establishes a common regulatory and legal framework for AI within the European Union (EU). [2] It came into force on 1 August 2024, [3] with provisions that shall come into operation gradually over the following 6 to 36 months ...
If Trump does steer clear of regulating AI, that would create an even greater gap between the U.S. and the European Union, where privacy laws limit the data that AI companies can use to train ...