Major AI Releases and New EU Regulations Shape 2024

The year 2024 sees landmark AI product launches from OpenAI and Google alongside the enforcement of the European Union's AI Act.

The year 2024 brings significant advancements in artificial intelligence, highlighted by OpenAI's release of the GPT-4o model in May. This "omni" model quickly integrates into ChatGPT, offering users enhanced multimodal capabilities. Shortly after, Google introduces AI Overviews to its search engine in the United States, providing users with AI-generated summarized results directly at the top of their search pages.

As AI technology rapidly evolves, regulators take decisive action to manage its impact. On August 1, the European Union's Artificial Intelligence Act officially comes into force. This landmark regulation establishes a common legal framework for AI within the EU, setting strict rules for how artificial intelligence systems are developed and deployed across the continent.

The year closes with another major leap in generative AI as OpenAI publicly releases its highly anticipated video generation tool, Sora, on December 9. This launch allows users to create realistic video clips from text prompts, marking a major milestone in creative AI applications. Together, these events define 2024 as a pivotal year of both explosive innovation and critical governance in the artificial intelligence sector.

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