EU Commission publishes draft AI Pact.

The European Commission published the draft AI Pact pursuant to the EU Artificial Intelligence Act (the EU AI Act).

The draft AI Pact is a voluntary commitment anticipating the requirements under the EU AI Act, implementing them before legal deadlines. The draft AI Pact has received responses from over 550 organizations.

The Commission outlined that the draft AI Pact is centered around the following two pillars:

Pillar I - as a gateway to engage the AI Pact network, encouraging the exchange of best practices, and providing practical information on the implementation of the EU AI Act through:

-  the organization workshops; and
- creating and managing a dedicated online space for exchanging best practices; and

Pillar II - to encourage AI system providers and deployers to prepare early and take action for compliance with requirements and obligations set out under the EU AI Act through:

- the creation of templates and monitoring schemes;
- pledges to take concrete actions on the EU AI Act's requirements, functioning as incremental objectives; and
- reporting commitments on a regular basis, with commitments published by the AI Office for visibility, accountability, and credibility.

Organizations can contribute to the draft AI Pact here.