Craft Ventures has invested in Norm Ai's $48M funding round, recognizing its innovative approach to transforming enterprise compliance workflows through AI. Norm's platform automates compliance checks and has attracted significant clients managing over $18 trillion in assets, backed by a strong team and advisory board composed of industry leaders.

As the enforcement of parts of the EU's AI Act approaches on August 2, companies and some politicians are advocating for a delay in its implementation. A key guidance document is also delayed, prompting concerns over compliance and clarity for businesses involved in AI development.

Explore the intersection of fintech and artificial intelligence as it relates to compliance, highlighting key insights and trends affecting the financial technology landscape. The piece emphasizes the importance of staying informed through community engagement and newsletters.