On December 8, 2023, after some intense rollercoaster rides, the European Union (EU) institutions reached a political agreement on the EU Artificial Intelligence Act (EU AI Act). The compromises reached after sleepless nights still need to find their way into a final text (and this one might only be available after the holiday season), but it seems the EU will have its first horizontal piece of AI legislation.
We summarize the essentials of what has been agreed and are also highlighting the changes compared to the initial EU AI Act proposal back in April 2021. The EU AI Act has been one of the most lobbied pieces of regulation so far and its outcome reflects such tensions.
