The EU AI Act has been officially published in the OJEU and is set to go into force on August 2, 2024. The Act establishes compliance deadlines for various AI-related activities, including modifying prohibited AI systems and ensuring General Purpose AI models are compliant.
Companies operating in the EU need to be aware of the AI Act's broad scope, which extends beyond the GDPR. The Act applies not only to EU-based operations but also to entities outside the EU that may fall under its regulations. It is crucial for businesses to understand their potential risks and obligations under the new regulatory landscape.
Isomorphic Labs, the AI drug discovery platform that was spun out of Google's DeepMind in 2021, has raised external capital for the first time. The $600
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Sam Altman today revealed that OpenAI will release an open weight artificial intelligence model in the coming months. "We are excited to release a powerful new open-weight language model with reasoning in the coming months," Altman wrote on X.