After we at Medialist have discussed the EU's AI Act several times, including Meta's reaction to it, I received a few inquiries about what exactly lies behind this European Union regulation. Here’s a deep dive into the AI Act and its implications for tech companies.

The European Union has taken a significant step in regulating Artificial Intelligence (AI) technologies with the agreement on the AI Act, the first of its kind globally. This legislation aims to classify and regulate AI technologies to ensure they are safe, transparent, traceable, non-discriminatory, and environmentally friendly.