EU ambassadors wave EU AI Act, setting a new benchmark for AI regulation

Ambassadors from the EU's 27 member states have unanimously approved the world's first comprehensive set of rules for artificial intelligence, confirming a political agreement reached in December. The law regulates AI based on its potential for harm. Despite reservations from France, Germany and Italy, who called for less stringent rules for high-performance AI models such as Open AI's GPT-4, the final version of the law includes transparency requirements for all models and additional obligations for high-risk models. The internal market and civil liberties committees will adopt the AI legislation on February 13, followed by a plenary vote on April 10 and 11.