The fact that AI has quickly become such a big part of our day-to-day lives highlights how much we need solid rules to keep everything in check. That's exactly where the European Union's Artificial Intelligence Act (EU AI Act) comes in - a groundbreaking move to create a legal framework to ensure AI development is ethical and secure. Here's a quick rundown of what we cover in this blog: ❗️ The four categories of risk associated with AI systems. 📜 The requirements for everyone involved with AI systems, from creators to distributors. 🌍 How this EU legislation could shape global AI policy and what it means for companies worldwide. 💰The repercussions for failing to comply with the Act, including the financial and operational risks. 🧩 Implications for various AI stakeholders, including developers, EU teams, and international entities. ✅ Guidance on preparing for compliance, especially for high-risk AI applications. Read the full blog post here: https://bit.ly/4bTv1Pk