India, March 14 -- The European Parliament gave final approvalon Wednesday to wide-ranging EU rules to govern artificial intelligence, including powerful systems like OpenAI's ChatGPT. Senior European Union officials say the rules, first proposed in 2021, will protect citizens from the possible risks of a technology developing at breakneck speed, while also fostering innovation on the continent. Brussels has sprinted to pass the new law since OpenAI's Microsoft-backed ChatGPT arrived on the scene in late 2022, unleashing a global AI race. There was a burst of excitement for generative AI as ChatGPT wowed the world with its human-like capabilities -- from digesting complex text to producing poems within seconds, or passing medical exams. The far-reaching regulation passed with the support of 523 lawmakers in the European Parliament in Strasbourg, France, with 46 voting against.P19...