New AI policies and regulations are creating a complex landscape for companies and governments
worldwide. Globally, AI adoption is surging, with 78% of organizations now using it in at least
one business function In response, governments are establishing comprehensive regulations; the
EU's AI Act, for instance, can impose fines of up to €35 million or 7% of global revenue for
non-compliance. This regulatory pressure is significant, as a 2024 report indicated 56% of
organizations plan to adopt generative AI within the next year.
Despite this growth, the tech landscape faces challenges; in India alone, over
12,700 startups shut down in 2024. Globally, confirmed startup shutdowns on the Carta platform
increased by 58% in the first quarter of 2024 compared to the previous year. This wave of
consolidation is attracting intense regulatory scrutiny over concerns that it could stifle
competition. Antitrust regulators are particularly focused on "Big Tech" acquiring nascent AI
competitors, with one major deal, HPE's attempted $14 billion acquisition of Juniper, being
blocked in 2024.
Former Federal Trade Commission (FTC) Chair Lina Khan, has been a central figure in
this heightened oversight. Under her leadership, the FTC launched inquiries into major AI
partnerships, including those between Microsoft and OpenAI, and Amazon and Anthropic. Khan has
also warned that AI models trained on non-consensual data could violate antitrust laws. Her
aggressive regulatory approach has reportedly caused some companies to abandon acquisition
attempts, signalling a significant shift in the environment for AI.In today's rapidly changing
technological landscape, staying informed about the latest AI advancements on policy,
regulations and compliance is crucial to protect your organization.
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latest AI advancements in policy, regulation, and compliance, allowing you to confidently
maneuver through these developments. Our system automates the entire policy lifecycle by using
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