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The European Union has unveiled a comprehensive AI Code of Conduct, meticulously crafted following exhaustive consultations led by a panel of experts. This code aims to facilitate businesses in adhering to AI-related regulations. Currently, the Code is undergoing scrutiny and awaits ratification by member states, after which signatory companies will encounter less complexity in demonstrating their compliance. This initiative is designed to bolster corporate adherence to regulations and foster the sustainable growth of AI. It underscores the EU's pioneering role in AI governance, with a particular emphasis on catering to the needs of small and medium-sized enterprises, and is poised to exert a substantial influence on the global AI landscape.
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