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Here’s How the European Union Will Regulate Advanced AI Models Like OpenAI’s ChatGPT

 The European Union reached a preliminary deal that would limit how the advanced ChatGPT model could operate, in what's seen as a key part of the world's first comprehensive artificial intelligence regulation. All developers of general purpose AI systems – powerful models that have a wide range of possible uses – must meet basic transparency requirements, unless they're provided free and open-source, according to an EU document seen by Bloomberg. These include: Having an acceptable-use policyKeeping up-to-date…