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AI firms: Indian AI firms may face extra costs as EU s AI Act kicks in

The European Union wrapped up approval of the world s first law governing AI development last week. This legislation takes a tiered approach, setting varying compliance timelines and regulations based on the potential risk each AI system poses. Generally applicable AI will have a year to comply, while high-risk systems get up to three years.

Event Report: Decoding the Digital Competition Bill, April 5, 2024

Event Report: Decoding the Digital Competition Bill, April 5, 2024
medianama.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from medianama.com Daily Mail and Mail on Sunday newspapers.

Govt to treat satellite broadband as telecom service, allow 100% FDI via automatic route, ET Telecom

Such a move is likely to offer much needed clarity to global investors on the applicable foreign ownership rules, especially to companies planning to launch broadband-from-space services in India, and pave the way for top dollar inflows into India’s satcoms sector, these people added.

India s top court strikes down banking ban on crypto currency

India s top court strikes down banking ban on crypto currency
businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.

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