#Ai Regulation: EU Comes Up With First Rules After Marathon Negotiation

The European Parliament and the EU's 27 member states will need to approve the Ai Act, which seeks fines of up to €35M or 7% of global turnover for violations

https://www.bloomberg.com/news/articles/2023-12-09/europe-puts-stake-in-the-ground-with-first-pact-to-regulate-ai