The European Parliament gave the final nod to far-reaching rules on artificial intelligence that the EU hopes will both harness innovation and defend against harms. Outright bans on forms of AI considered highest-risk will kick in later this year, while rules on systems like ChatGPT will apply 12 months after the law enters into force, and the rest of the provisions in 2026. Palki Sharma tells you all you need to know about the new law.