EU AI Act enters into force

The European Union's long-anticipated AI Act has officially entered into force. This regulation adopts a risk-based classification for AI systems, imposing stricter obligations on those deemed high-risk, such as those used in critical infrastructure, education, and law enforcement. Providers of such systems must meet requirements related to data governance, transparency, and human oversight. The act also bans certain AI practices considered unacceptable, like social scoring by governments. This marks a significant step in global AI governance, with implications for companies operating within the EU.