The EU Parliament has passed the world's first comprehensive AI legislation after three years of negotiations.

The AI Act introduces a risk-based categorization for AI systems, with specific liability assigned to high-risk AI.

Stricter requirements are imposed on high-risk AI systems, and certain AI applications are banned to combat issues like deepfakes influencing elections.

AI developers must disclose their training data and ensure compliance with copyright laws for generative AI models.

The AI Act is anticipated to influence other countries, including the U.S., to establish their own AI regulatory frameworks.

Despite the concerns over civil liberties, the AI Act is regarded as an essential measure to mitigate potential threats posed by AI technologies.

The legislation is set to take effect before the current EU legislative term ends, positioning the EU as a leader in global AI regulation.