EU AI Act comes into effect — Here’s what to expect
The European Union’s AI Act takes effect on Aug. 1, introducing significant regulations for artificial intelligence through phased implementation and key compliance obligations. Go to Source
AI industry
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UBS Executive Highlights AI’s Impact on Banking
UBS is witnessing a transformative shift in client interactions driven by artificial intelligence, according to Sabine Keller-Busse, the head of the Swiss bank’s domestic business. Keller-Busse compared the change to how patients now approach doctors with self-diagnosed conditions. UBS Sees AI Revolutionizing Financial Interactions Artificial intelligence (AI) is reshaping the banking industry, with clients increasingly … Read more
UK regulator scrutinizes Big Tech’s role in AI industry
Regulatory scrutiny is intensifying in the U.K. as Big Tech’s deepening involvement in the AI sector raises concerns over competition and market dominance. Go to Source
