EU’s AI act takes effect: Regulators can now ban ‘high-risk’ AI systems

The European Union’s AI Act has entered a crucial phase, with the first key provisions in force starting February 2, 2025. These provisions introduce new regulations aimed at ensuring AI systems within the EU market are safe and transparent, especially those with high-risk applications. Among the key elements of the Act are bans on certain AI systems deemed to pose an “unacceptable risk” and new requirements for AI literacy training.