One of the main problems of the EU AI Act is its risk-based approach to AI regulation. Under the Act, AI systems are classified by their risk level, and high-risk systems will be subject to the most strict requirements. This classification system is problematic for several reasons:

The European Union will propose establishing an advanced research project agency modeled on US government entities to invest in strategic technologies as part of a broader drive to boost the bloc’s competitiveness.

AI, biotech and affordable clean energy will be the focus of an EU drive to make the bloc globally competitive and ensure it keeps pace with rivals the United States and China, according to a draft European Commission paper seen by Reuters.

BRUSSELS: Artificial intelligence (AI), biotech and affordable clean energy will be the focus of a European Union (EU) drive to make the bloc globally competitive and ensure it keeps pace with rivals the United States and China,

A region once at the forefront of technological innovation now grapples with an innovation gap that could have far-reaching consequences.

Universal Music Group (UMG) , the world's biggest music label, and Swedish streaming giant Spotify have reached a new multi-year agreement for recorded music and music publishing, they said on Sunday.

The UK government recently published its plan for using AI to boost growth and deliver services more efficiently. It also suggests a fundamental shift in how the UK aims to position itself as a global leader in AI innovation. The AI Opportunities Action Plan gives further evidence on how the government intends to regulate cutting-edge AI.

EUR/USD edges lower to near 1.0450 in the early European session on Monday. The US Dollar extends recovery amid risk aversion, weighing on the pair. ECB rate cut expectations also continue to undermine the Euro, adding to the pair's downside ahead of Germany's IFO survey.

Box’s chief privacy officer Leah Perry discusses the expanded role of privacy professionals, and how to tackle AI data protection challenges

The White House's new restrictions on global AI chip sales would make it harder for the EU to acquire and use them.

Explore the key challenges of AI ethics in 2025, including accountability, transparency, and regulations in the EU, US, Canada, and the UK.

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