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July 18, 2024
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David Mercado

The EU AI Act published in the EU Official Journal: Next steps for AI Regulation

The EU AI Act, published on July 12, 2024, establishes the world's first comprehensive regulatory framework for AI technologies, with a gradual implementation timeline from 2024 to 2027. It adopts a risk-based approach, imposing varying requirements on AI systems based on their risk level.
EU AI Act published in the EU Official Journal

EU AI Act: The first comprehensive AI Law published in the EU Official Journal

The first AI law of its kind in the world has finally been published last July 12 in the Official Journal of the European Union. The EU AI Act is a comprehensive regulatory framework that is established to ensure safety and that fundamental human rights are upheld in the use of AI technologies. It adopts a risk-based approach where high-risk systems carry the burdens of meeting the regulatory requirements while other non-high-risk systems are imposed with limited transparency obligations.

Understanding the EU AI Act effective date and implications for AI Systems

The countdown to compliance has begun. This means that providers, deployers, importers, and distributors of AI systems need to identify their risk level and understand the requirements and assessments necessary to comply with the law. Article 113 outlines the timeline for its gradual application and implementation:

  • 1 August 2024 (20 days after the publication)
    • The law enters into force
  • 2 February 2025 (6 months from entry into force)
    • AI systems with unacceptable risks are banned
  • 2 August 2025 (12 months from entry into force)
    • Obligations for General Purpose AI (GPAI) takes into effect
  • 2 August 2026 (24 months from entry into force)
    • All provisions of the Act are enforceable, most notably the regulations pertaining to high-risk AI systems in Annex III
  • 2 August 2027 (36 months from entry into force)
    • Rules on high-risk systems in Annex I becomes applicable

What's next? Compliance with AI Regulation

The EU AI Act presents both challenges and opportunities for businesses developing or deploying AI systems. At Giskard, we specialize in helping organizations navigate the complex landscape of AI regulation compliance.

You can download our white paper today to get a detailed perspective on the EU AI Act. This resource covers the Act's classification system for GPAI models, requirements for providers, obligations for high-risk AI systems, and guidance for downstream integrators, helping you navigate the complexities of AI regulation compliance.

Reach out to us today to learn more about how we can help you to ensure your models are safe and compliant.

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