European Union member states and lawmakers reached a preliminary agreement on Friday on what they called the world's first comprehensive AI legislation.

This landmark agreement aims to regulate artificial intelligence (AI) technologies, including ChatGPT and the use of AI by governments in biometric surveillance.

According to the European Parliament, the new deal sets a global precedent as the world's first AI law, with the EU poised to become the first major region to implement such laws.

/"Historic! The EU becomes the very first continent to set clear rules for the use of AI," EU Commissioner Thierry Breton said on social media. /"The AI Act is much more than a rulebook: it is a springboard for EU startups and researchers to lead the global AI race./"

European Commission President Ursula von der Leyen heralded the “world first” AI law / “for the security and fundamental rights of people and companies.”

The agreement is sure to catch the attention of AI companies as several global players are considering similar regulations.

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