GenAI news: In a groundbreaking move, the European Union has passed the world’s first comprehensive law regulating Artificial Intelligence (AI). Endorsed by a vast majority in the European Parliament, this legislation aims to safeguard human rights while fostering responsible AI innovation.

The new law categorizes AI systems based on their potential risks and impact. This ensures stricter regulations for high-risk systems used in critical sectors like infrastructure, law enforcement, and education. Developers of such systems will be required to: