Simplifying EU AI Act Compliance with ACHILLES Project: Building Trustworthy and Greener AI In the ever-evolving landscape of artificial intelligence (AI) regulations, the European Union (EU) AI Act stands out as a comprehensive framework aimed at ensuring AI technologies are developed and used responsibly. However, for organizations navigating the complexities of compliance with this legislation, […]
EU delays tariffs on US amid ongoing trade talks
EU Extends Olive Branch to US: Postpones Tariffs Amid Ongoing Trade Talks In a surprising turn of events, the European Union has decided to postpone the implementation of tariffs on US goods for an additional six months. This move comes as a gesture of goodwill to foster ongoing trade negotiations between the two economic powerhouses. […]
Unilever Second Quarter Results Beat Expectations On Strong North America, EU Demand
Unilever Second Quarter Results Beat Expectations On Strong North America, EU Demand Unilever, the consumer goods giant and maker of Dove soap, has recently exceeded expectations in its second-quarter results thanks to robust demand in North America and the European Union. Despite the challenges posed by the ongoing global pandemic, Unilever has managed to stay […]
Google backs EU AI Code but warns against slowing innovation
Google Backs EU AI Code to Boost European Economy Google, one of the tech giants at the forefront of artificial intelligence (AI) development, has thrown its weight behind the European Union’s AI Code. According to Google, the implementation of this code could potentially add a staggering €1.4 trillion to Europe’s economy. This bold endorsement comes […]
EU deepens scrutiny of Temu over unsafe products and DSA violations
EU Cracks Down on Temu for Violating Digital Services Act and Endangering Consumers The European Union has recently tightened its grip on tech giant Temu, citing serious concerns over the company’s failure to comply with the EU’s Digital Services Act (DSA). The EU’s move comes in the wake of alarming revelations that Temu has been […]
Meta pushes back on EU AI framework
Meta Pushes Back on EU AI Framework In a recent development, Joel Kaplan, representing Meta, has voiced criticism against the AI framework proposed by the European Union. Kaplan, who serves as the Vice President of Global Public Policy at Meta, expressed concerns regarding the stringent nature of the regulations outlined in the framework. According to […]
Netherlands urges EU to reduce reliance on US cloud providers
The Netherlands Urges EU to Reduce Reliance on US Cloud Providers In a bold move towards securing digital sovereignty and national security, the Netherlands is advocating for the European Union to decrease its reliance on American cloud service providers. This push comes as a response to the growing concerns over data privacy, security, and the […]
EU bets on quantum to regain global influence
EU Bets on Quantum to Regain Global Influence In the fast-paced world of technology and innovation, staying ahead of the curve is crucial for maintaining global influence. Europe, once a frontrunner in quantum technology, now finds itself at risk of losing its quantum edge to competitors like the United States and China. The European Union […]
Art meets AI to reinvent tomorrow’s food systems
Art meets AI to reinvent tomorrow’s food systems In a world where technology and innovation are at the forefront of solving global challenges, the intersection of art and artificial intelligence (AI) is paving the way for a revolution in our food systems. Collaborations between industry leaders and the European Union (EU) are propelling efforts to […]
Bank of Korea sounds alarm over unregulated stablecoins
The Risks of Unregulated Stablecoins: Bank of Korea’s Warning South Korea’s central bank, the Bank of Korea, recently raised concerns over the proliferation of unregulated stablecoins in the financial market. The warning issued by the central bank highlighted the potential economic chaos that could ensue if multiple stablecoin issuers are allowed to operate without clear […]