EU Artificial Intelligence Act: Risk Levels

The Commission proposes the first regulatory framework for AI that addresses the risks of AI and enables Europe to play a leading role globally. The regulatory proposal aims to provide AI developers, deployers, and users with precise requirements and obligations regarding specific applications of AI. At the same time, the proposal seeks to reduce the administrative and financial burden on businesses tiny and medium-sized enterprises (SMEs). The proposal is part of a broader AI package that includes the updated Coordinated Plan for AI. Together, they ensure people and businesses' safety and fundamental rights while promoting AI uptake, investment, and innovation across the EU.