. @GregorHofer CEO of @RapportCloud and @speechgraphics comments on the EU AI Act: “This legislation’s emphasis on transparency and accountability will likely catalyse a new era of responsible AI development putting Europe at the forefront of ethical technology. As a result of this, contrary to the critics, we don’t see the Act as red tape but instead as legislation that can give AI companies developing safe technology a competitive advantage. Specifically, for start-ups and SMEs like us, the tiered risk approach means we can innovate rapidly in lower-risk areas while focusing our compliance efforts where it matters most.” #euaiact