Summary
- The European Commission has established the AI Office to govern the deployment of general purpose AI models and the AI Act in the E.U.
- The office will consist of five units covering regulation, innovation, AI for Societal Good, AI safety, and AI compliance.
- Tasks of the AI Office include enforcing the AI Act, developing codes of practice, supporting AI innovation, and coordinating AI policies.
- Companies that fail to comply with the E.U. AI Act may face fines ranging from €35 million to €7.5 million.
