This week has been interesting when it comes to AI.

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This week has been interesting when it comes to AI. The Paris AI summit has come on the back of recent announcements by the US and UK on the importance of AI for growth and transformation. With the Eu announcing major investment in AI.While the recent adoption of the EU AI Act has created some challenges for EU companies that want to developed AI using US AI models such as those developed by Open AI, Google Gemini and Amazons range of AI models.The summit threw somewhat of a spanner in the works of EU AI regulation. The EU is considering its AI regulation, this week withdrawing the AI Liability directive and an announcement from Henna Virkkunen, the European Commission’s executive vice-president in charge of digital policy, telling the Financial Times the EU wanted to “help and support” companies when applying AI rules, as the bloc sought to boost competitiveness and not miss the boat on this technologyThere maybe a softening of AI regulation in favour of growth and business opportunities.@Thaddeus Dziekanowski Brian D. McCarthy Faisal KhanVeritas GRC#cybersecurity #cyberriskmanagement #artificialintelligence

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Artificial Intelligence, Cybersecurity, Regulation & Compliance

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