Quantum Artificial Intelligence (QAI) combines Quantum Computing and AI, enabling lightning-fast solutions to complex problems. It impacts finance, healthcare, logistics, navigation, and the environment. However, it poses risks, including amplified AI risks, governance challenges, geopolitical shifts, and cybersecurity threats. The growing prominence of Quantum AI calls for thoughtful regulation to harness its potential while safeguarding against risks. Regulating QAI requires collaboration among experts, policymakers, and stakeholders to establish ethical frameworks, adapt to rapid advancements, and ensure responsible development. International cooperation is paramount. Multilateral agreements and collaborative initiatives can help align regulatory approaches across borders, prevent regulatory arbitrage, and ensure a level playing field for all stakeholders. Sharing best practices, data, and expertise can collectively address global challenges associated with QAI.