South Korea’s Artificial Intelligence Basic Act takes effect with new obligations for developers and users

South Korea’s Act on the Development of Artificial Intelligence and Establishment of Trust has come into force, introducing transparency, safety, and local-representative duties for a wide range of Artificial Intelligence operators, including those outside the country. The law sets up new oversight bodies and a framework for detailed technical rules that will be finalized by the Ministry of Science and Information and Communication Technology.

How global R&D spending growth has shifted since 2000

Global research and development spending has nearly tripled since 2000, with China and a group of emerging economies driving the fastest growth. Slower but still substantial expansion in mature economies highlights a world that is becoming more research intensive overall.

Finance artificial intelligence compliance in European financial services

The article explains how financial firms can use artificial intelligence tools while meeting European, United Kingdom, Irish and United States regulatory expectations, focusing on risk, transparency and governance. It details the European Union artificial intelligence act, the role of cybersecurity, and the standards and practices that support compliant deployment across the financial sector.