This article goes over how the EU AI Act will impact banks and start-ups, how they should prepare and whether this will be a setback or an opportunity.
Contents
What is the EU AI Act?
Fines and Penalties
How will the Startup Ecosystem be impacted?
Strategic Opportunities for Startups
How Will Banks Be Impacted?
Next Steps: How To Prepare?
Conclusion: Is the Eu AI Act a Setback or An Opportunity?