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ISITC Europe and startup Genbounty are working on ways to help firms assess their compliance with the E.U.’s strict A.I. regulations.
Industry standards association ISITC Europe has partnered with A.I. product safety and risk management startup Genbounty to help financial services firms ensure compliance with the E.U. Artificial Intelligence (AI) Act. The Act, which came into force on Aug. 1, 2024, establishes a legal framework for A.I. usage grounded in a risk-based assessment of different applications....
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