EU Passes World's First Artificial Intelligence Legislation, Pioneering Global Regulatory Standards


Philips is promoting AI literacy as a company-wide capability to drive medical innovation. Its products have long applied professional AI technologies, and it now plans to equip all employees with AI skills, no longer limited to specialized teams. The company is implementing a series of measures to enhance the AI application capabilities of all staff.
AI startup Uare.ai secures $10.3 million in seed funding, transitioning from digital inheritance services to a personalized AI platform. Its goal is to enable users to train AI agents that represent their knowledge, values, and personality, redefining the relationship between humans and technology, empowering the living rather than commemorating the deceased.
The Indian wealth management market is booming, but faces a shortage of private bankers. Emerging company Dezerv is recruiting new graduates and training them to become wealth advisors who can use AI technology to address the talent gap. This initiative highlights the potential of AI in traditional industries and the demand for highly qualified talent in the market.
Dutch entrepreneur Niels Hoogen launched a children's alphabet book entirely illustrated by AI, with nearly 1,000 illustrations generated by artificial intelligence. The author admitted that if drawn by hand, it would cost $50,000 and take two hours per illustration, making it financially unfeasible. With the help of generative AI technology, the book was able to be published at a low cost, but it has also sparked discussions about industry costs and ethical issues in creative production.
A recent survey in the UK shows that about one quarter of large companies will cut employees due to the development of AI, with entry-level positions being the most affected. Employers say that the popularity of AI has put traditional entry-level jobs at risk of being replaced by automation, and they plan to adjust their staffing structures through the use of technology.