Contributed by Accedere.Written by Ashwin Chaudhary, CEO, Controllo.ai.The adoption of AI technologies has skyrocketed in the last few years. In 2019, 58% of organizations
used AI for at least one business function; by 2024, that number jumped to 72%. The use of genAI
nearly doubled from 2023 to 2024, going from just 33% to 65%. What is the EU AI Act? The European Union Artificial Intelligence Act (AI Act) Regulation (EU) 2024/1689 is
a European Union regulation concerning artificial intellig…
used AI for at least one business function; by 2024, that number jumped to 72%. The use of genAI
nearly doubled from 2023 to 2024, going from just 33% to 65%. What is the EU AI Act? The European Union Artificial Intelligence Act (AI Act) Regulation (EU) 2024/1689 is
a European Union regulation concerning artificial intellig…