The European Parliament has finalised a provisional agreement on groundbreaking artificial intelligence regulations paving the way for the world’s first legislation on AI, pending a vote by the legislative assembly in April.

Known as the AI Act, these new regulations aim to establish boundaries for a technology widely used across various industries, including banking, automotive, electronics, aviation, as well as for security and law enforcement purposes. Our own David Mirfield,  VP of Product Management, shared his perspective on the impact the Act will have and the challenges organizations will still face.