The EU Chips Act was drafted to tackle the current shortage of semiconductors in Europe. It should ensure that the EU semiconductor ecosystem is strengthened, increases its resilience and reduces its dependence on non-European stakeholders.

The authors of this article state that suppliers of AI application must create a fact sheet for each product, demonstrating that the application is 'compliant' (an SDoC or 'supplier's declarations of conformity'), just like that for other products happens.

This tool is a self-assessment based on a questionnaire. This can help determine if your company is ready to build a robust, secure and ethical AI solution.