Industries around the world have been hugely affected by global events over the past several years. Wars, famine and water shortages, political unrest and pandemics have all contributed to persistent supply constraints for some of the modern world’s most important commodities. One product that is particularly central to almost every part of our daily lives
It’s fair to say that Aotearoa New Zealand’s approach to regulation (and empowerment) of the rapid adoption of AI-enabled solutions has been conspicuous in its absence to date. New Zealand’s Privacy Commissioner is the only regulator to have released substantive guidance for businesses adopting AI-enabled solutions (see our thoughts on that here). Meanwhile, we
In Hungary, the NIS2 Directive was transposed in May 2023 following the adoption of Act 23 of 2023 on cybersecurity certification and cybersecurity supervision. Under the Hungarian legislation transposing the NIS2 Directive, domestic entities have until 30 June 2024 to register.
As the title of the new Hungarian legislation indicates, the Act, in addition to
Imagine a modern-day meeting room in a bustling corporate office, where executives and employees alike converse in hushed tones, no notes or minutes are taken, and their words disappear almost as quickly as they are spoken. Picture the scene: a CEO dispatches a critical strategy to her team, a manager shares a pivotal decision, an
Due to an exponential growth in the investment in female health and wellbeing, Forbes and Dealroom reported that 2023 saw 1.14 billion USD raised collectively across 120 deals in ‘FemTech’. The phrase refers to technology products and services that help to solve the health needs and concerns suffered disproportionately or solely by females. With an
On 23 April, the Italian Council of Ministers passed a bill (AI Bill) aimed at introducing national AI provisions. The main scope is to establish regulatory criteria to balance the opportunities offered by new technologies with the risks associated with improper and harmful use. It supplements the European Regulation on Artificial Intelligence (AI Act), which
The creative process…
It’s 4:31 in the morning, a watery dawn is breaking, and I’m wafting down an almost empty M40 motorway heading to Heathrow for an early flight. The advanced autopilot features in the car are helping with the driving (in the UK it amounts to lane keeping and smart cruise control rather than
The pace of development in the tech sector is ever accelerating. Generative AI and large language models (LLMs) have become ubiquitous in our vernacular; cloud computing and SaaS solutions have increased in prevalence with the share of enterprises within the EU buying cloud computing in 2023 having increased by 4.2% since 20211; connectivity is an
Following the publication of the Government’s pro-innovation strategy earlier this year, the Financial Conduct Authority’s (FCA) AI Update last week sets out how its existing regulatory framework maps to the Government’s five principles on Artificial Intelligence (AI) regulation (AI Principles). The Bank of England and the Prudential Regulation Authority (PRA) have also written to the
On 7 March 2024, the UK Government released a new Space Industrial Plan, building on its 2021 National Space Strategy.
This article provides context to the Government’s announcement, including the National Space Strategy which we have previously written about here, and what lies ahead under the new Space Industrial Plan. This is the first
