The European Commission has proposed regulations on the use of artificial intelligence (AI) through a risk-based rules framework that calls for heavy fines, partial bans on surveillance, and safeguards for high-risk applications.
Companies breaching regulations banning the use of ‘unacceptable’ AI or not adhering to a number of “strict obligations” could face fines as much as 6% of their worldwide turnover, or €30 million (whichever is higher) under the draft rules announced by Brussels on Wednesday.
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