AI Compliance

EU AI Update: What You Need to Know and How to Prepare

February 9, 2024

The latest version of the EU AI Act Text has been approved by the Committee of the Permanent Representatives of the Governments of the Member States (COREPER). Watch our webinar to understand the latest consolidated text of the EU AI Act and its implications for your business.

SPEAKERS
Lucía Gamboa
Policy Manager
SPEAKERS
Lucía Gamboa
Policy Manager

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Chances are, you’ve felt the expanding mandate for AI usage at your company, with GenAI being embedded in every department and function. But unapproved usage or "shadow AI" is skyrocketing, with over 50% of employees using unapproved generative AI tools at work, according to a Salesforce study. On 29 April 2024, the National Institute of Standards and Technology (NIST) released its initial public draft of the AI Risk Management Profile for GenAI, which defines a group of risks that are novel to or exacerbated by the use of Generative AI (GenAI), and provides a set of actions to help organizations manage these risks at the use case level to power scalable, safe GenAI adoption.The trailblazing new draft AI RMF GenAI Profile was developed over the past twelve months and drew on input from the NIST generative AI public working group of more than 2,500 members, of which Credo AI is a member, as well as the prior work on NIST’s overarching AI Risk Management Framework.Credo AI is excited to present this webinar, explaining these newly defined GenAI risks and controls, as well as how to approach comprehensive AI governance and risk management for enterprises of all sizes that want to safely deploy GenAI tools. Watch this webinar to learn:• An overview of newly published GenAI governance documents, with a deep dive into NIST AI 600-1• How to apply GenAI controls to high-risk AI scenarios: high-risk AI industries and use case examples• Contextual AI governance: why you should apply controls, and manage AI risk, at the use-case level