The EU AI Act aims to create a level playing field for AI innovation. Here's what it is. | TechCrunch
Briefly

The EU AI Act is a comprehensive regulation designed to create a uniform legal framework governing artificial intelligence across the 27 EU member countries. It applies to both local and foreign companies, affecting providers and deployers of AI systems. The Act's primary aim is to ensure the free movement of AI-based goods and services across borders without local restrictions. Promoting human-centric and trustworthy AI while safeguarding health and fundamental rights is a key focus, as is fostering innovation and creating opportunities for emerging businesses.
The EU AI Act serves as a uniform legal framework applicable across EU countries to ensure the free movement of AI-based goods and services, preventing local restrictions.
It aims to promote human-centric and trustworthy AI, while ensuring a high level of protection for health, safety, fundamental rights, democracy, and the environment.
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