EU’s AI Act Demands Greater Transparency from Tech Companies
Key Points: The EU's AI Act mandates AI companies to disclose training data. AI companies fear revealing trade secrets could lead to competitive disadvantages. The Act addresses the potential misuse of copyrighted content for AI training. Both small startups and major companies like Google and Meta will be affected. French officials advocate for innovation-first approaches to avoid stifling the industry. A new set of regulations in the European Union will mandate greater transparency from AI companies regarding the data used...