Starting August 2, 2025, providers of GPAI models within the European Union are required to comply with key provisions of the EU AI Act. This legislation mandates documentation and data transparency for artificial intelligence systems. A one-year grace period for compliance will be in effect. The new regulations impact major AI companies including OpenAI, Mistral, and Google, as they prepare their models to meet the requirements. The EU AI Act represents a significant regulatory step in AI governance, focusing on privacy, cybersecurity, and transparency. Concurrently, updates on AI, privacy, and cybersecurity developments are being closely monitored globally, with additional regulatory changes emerging in regions such as California, which has introduced new privacy and cybersecurity rules addressing risk assessments, automated decision-making, and cybersecurity audits. These developments underscore the growing emphasis on privacy and security in technology law and healthtech due diligence.