‘Unicorn’ Startup Owkin On EU’s AI Act, Funding Needs: ‘Europe Doesn’t Want To Be Under-Competitive’

The EU Artificial Intelligence Act, the first official AI regulation globally, entered into force on 1 August 2024. Two months on, Medtech Insight sits down with AI diagnostic startup Owkin’s chief diagnostic officer Meriem Sefta, and senior vice president of public affairs and impact Yedidia Levy-Zauberman, to discuss how the company is adapting to the EU AI Act, the opportunity it presents, and what is needed next for AI deployment in the EU.

EU AI Act
EU AI Act (Shutterstock)

“Unicorn” start-up Owkin, Inc., “the first end-to-end AI biotech,” is still processing the final text of the European Union’s AI Act, which entered into force on 1 August 2024.

“From a high-level overview of the EU AI Act … we need to make sure that when we build the...

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