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First suggested in 2019, the EU's AI Act was expected to be the world's first comprehensive AI regulations, further cementing the 27-nation bloc's position as a global trendsetter when it comes to reining in the tech industry.
EU Lawmakers AI Rules: Meanwhile, the US, UK, China and global coalitions like the Group of 7 major democracies have joined the race to draw up guardrails for the rapidly developing technology, underscored by warnings from researchers and rights groups of the existential dangers that generative AI poses to humanity as well as the risks to everyday life.
On Monday, IBM showed what it says is a new way of connecting chips together inside machines and then connecting machines together which, when combined with a new error-correction code, could produce compelling quantum machines by 2033.
Ericsson said the pact focuses on two major areas – energy management and network optimization and implementation of safe and trustworthy AI.
Who are the countries, what are the guidelines and how significant is this agreement? Heres a detailed look.