In an impactful stride, the European Parliament has ratified the EU AI Act, signifying a pivotal advancement in formulating guidelines for responsible Artificial Intelligence (AI) practices within the European Union. This legislation is pivotal in establishing a structured foundation to guarantee transparency, accountability, and human oversight in the progression and utilization of AI technologies.
The EU AI Act symbolizes a vital move towards instilling reliance and assurance in AI frameworks while concurrently fostering innovation and competitiveness. By embracing a risk-centered strategy, the law resonates with the dedication of tech titan IBM towards ethical AI standards. IBM warmly acknowledges the EU for spearheading the enactment of comprehensive and astute AI regulations.
Christina Montgomery, IBM’s Vice President and Chief Privacy & Trust Officer, lauds the proactive initiative of the EU in formulating this legislation. Montgomery highlights that the risk-centered approach of the EU AI Act harmonizes with IBM’s dedication to ethical AI norms. IBM is geared up to extend its technology and proficiency, encompassing its watsonx.governance tool, to support clients and stakeholders in adhering to the EU AI Act and anticipated regulations on a global scale. This assistance will actively contribute to constructing open and reliable AI ecosystems.
For those keen on delving deeper into AI governance and the EU AI Act, a visit to watsonx.governance and IBM’s official website at ibm.com/consulting/ai-governance can be enlightening.
For press inquiries, please contact: IBMAshley Bright[email protected] (Source: IBM)
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