Be EU AI ACT Ready
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Prohibited AI Practices: Engaging in banned AI activities may lead to fines up to €35 million
or 7% of the company's total worldwide annual turnover for the preceding financial year
Obligations for High-Risk AI Systems: Failing to meet requirements related to high-risk AI systems
can incur fines up to €15 million or 3% of the total worldwide annual turnover
Supply of Incorrect Information:: Engaging in banned AI activities may lead to fines up to €35 million
or 7% of the company's total worldwide annual turnover for the preceding financial year
The European Artificial Intelligence Act (AI Act) is a comprehensive regulatory framework that entered into force on August 1, 2024.