Dutch to use Europe’s AI Act ‘immediately,’ invest $222 million in sector

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Reuters UK

AMSTERDAM (Reuters) – The Dutch government on Thursday said it would begin adhering to the essence of Europe’s landmark AI Act “immediately” and that the Netherlands has set aside 204.5 million euros ($222.07 million) to foster local investment in artificial intelligence. The announcements were made in a document outlining the government’s strategy for taking advantage of generative AI systems such as ChatGPT while protecting against risks. The European Union in December reached a political deal on a risk-based model for regulating AI, but some details are still being hammered out and it has n…

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