The European Parliament has taken a monumental step toward regulating artificial intelligence (AI) with the ratification of a landmark agreement known as the "AI Act".
Europe has moved a step closer to adopting rules governing the utilization of artificial intelligence and models like Microsoft-supported ChatGPT, as EU countries approved a political agreement established in December.
EU industry chief…
'Foundation models', or Generative AI, have become the main hurdle in talks over the European Union's proposed AI Act, as negotiators met on Friday for crucial discussions ahead of final talks scheduled for December 6.
The AI Act is a…