<ul><li>EU member states are facing funding shortages to enforce the EU AI Act, as many countries are financially strained and losing AI talent to private companies offering higher salaries.</li><li>Enforcement of the AI Act is challenging due to the lack of capital and expertise in member nations which are required to understand and regulate AI technologies effectively.</li><li>The EU AI Act, passed in July 2024, aims to protect people's safety and rights, prevent discrimination, and build trust in AI technology, with enforcement starting this year.</li><li>The Act categorizes AI systems based on risk levels, banning unacceptable systems, imposing strict rules on high-risk applications, and requiring transparency for limited-risk systems like chatbots.</li></ul>

EU Member States Face Funding Shortages to Enforce AI Act

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