The world’s first comprehensive artificial intelligence (AI) rules, which will come into effect throughout the European Union (EU) on August 1, is projected to raise the costs of assessment and compliance for Chinese tech enterprises doing business in the bloc’s 27 member states, according to industry experts.
The Artificial Intelligence Act, which was approved by the EU Council in May after it was passed into law by the European Parliament in March, aims to protect fundamental rights, democracy, the rule of law and environmental sustainability from so-called high-risk AI, while…
