<ul><li>The European Commission published the Guidelines on prohibited AI practices, as defined by the AI Act, which came into force on August 1, 2024.</li><li>The AI Action Summit took place in Paris, France, with heads of state and government, leaders of international organizations, and CEOs in attendance.</li><li>The AI Act follows a four-tier risk-based system, with the highest level including eight practices considered a clear threat to societal safety.</li><li>The US and UK refused to sign the summit declaration on 'inclusive' AI, criticizing European regulation and warning against cooperation with China.</li></ul>

The AI Act: Landmark Regulation Comes into Force

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