UK unveils £100M funding for agile AI regulation support
New Funding for AI Regulation in the UK The UK government has allocated over £100 million towards advancing AI regulation. This investment includes £10 million for the training and upskilling…
AI News
Advancements in AI for Military Operations with AUKUS Trial
AUKUS Partnership and the TORVICE Trial: Paving the Way for AI in Warfare AUKUS Partnership and the TORVICE Trial The recent collaboration between the UK armed forces and Defence Science…
How AI Will Not Result in Mass Job Losses: Debunking the Myth
Impact of AI on Employment Andrew Bailey, Governor of the Bank of England, has addressed concerns about the impact of AI on employment, stating that economies and jobs adapt to…
Global AI Safety Report to Feature Contributions from Experts in 30 Nations
International Scientific Report on Advanced AI Safety Leading experts from 30 nations across the globe will advise on a landmark report assessing the capabilities and risks of AI systems. The…
UK and Canada Agree on AI Compute Collaboration
UK and Canada Collaborate on AI Research and Computing Power The UK and Canada have signed a significant agreement to cooperate on computing power for AI research and development. This…
The impact of AI on the gambling industry: What to expect
Impact of AI in the Gambling Industry The gambling industry is continuously evolving, and one of the most significant transformations it is currently experiencing is the integration of AI. Artificial…
Promoting Safe AI Use by Families: OpenAI and Common Sense Media Collaboration
OpenAI and Common Sense Media Partnership Introduction OpenAI has announced a partnership with nonprofit Common Sense Media to educate families on responsible AI use. Leaders from both organisations shared the…
Challenges in Financial Services AI Implementation Due to Data Issues
The Rise of AI in the UK’s Financial Services Latest research by EXL shows that around 89 percent of insurance and banking firms in the UK have implemented AI solutions…
OpenAI announces new models and reduced API pricing
OpenAI’s New Embedding Models and API Updates OpenAI, based in San Francisco, has unveiled several significant updates on their AI services. They have introduced new embedding models, lowered the price…
Prediction: AI will greatly increase cyber threats in the next 24 months
The Impact of AI on Cyber Threats A recent report published by the UK’s National Cyber Security Centre (NCSC) has warned that artificial intelligence (AI) will substantially increase cyber threats…