Once a company moves from being adeployerto also acting as aprovider or developer, it assumesnew obligationsunder regulations like the EU AI Act. One of the core requirements for providers is to produce and maintaintechnical documentation, including descriptions of the model, associated risks, and mitigation strategies.
From theAI Governance in Practice Report 2024:
"Providers of high-risk AI systems must draw up technical documentation demonstrating the system's conformity with the requirements... including potential risks and safeguards applied." (p. 34)
"This documentation must be available before placing the system on the market." (p. 35)