UK and South Korea to co-host AI Seoul Summit

The UK and South Korea are set to co-host the AI Seoul Summit on the 21st and 22nd of May. This summit aims to pave the way for the safe development of AI technologies, drawing on the cooperative framework laid down by the Bletchley Declaration.

The two-day event will feature a virtual leaders' session, co-chaired by British Prime Minister Rishi Sunak and South Korean President Yoon Suk Yeol, and a subsequent in-person meeting among Digital Ministers. UK Technology Secretary...

UK announces over £100M to support ‘agile’ AI regulation

The UK government has announced over £100 million in new funding to support an "agile" approach to AI regulation. This includes £10 million to prepare and upskill regulators to address the risks and opportunities of AI across sectors like telecoms, healthcare, and education. 

The investment comes at a vital time, as research from Thoughtworks shows 91% of British people argue that government regulations must do more to hold businesses accountable for their AI systems. The...

AI & Big Data Expo: Ethical AI integration and future trends

Grace Zheng, Data Analyst at Canon and Founder of Kosh Duo, recently sat down for an interview with AI News during AI & Big Data Expo Global to discuss integrating AI ethically as well as provide her insights around future trends. 

Zheng first explained how over a decade working in digital marketing and e-commerce sparked her interest more recently in data analytics and artificial intelligence as machine learning has become hugely popular.

At Canon, Zheng’s team...

MIT publishes white papers to guide AI governance

A committee of MIT leaders and scholars has published a series of white papers aiming to shape the future of AI governance in the US. The comprehensive framework outlined in these papers seeks to extend existing regulatory and liability approaches to effectively oversee AI while fostering its benefits and mitigating potential harm.

Titled "A Framework for U.S. AI Governance: Creating a Safe and Thriving AI Sector," the main policy paper proposes leveraging current US government...

UK reveals AI Safety Summit opening day agenda

The UK Government has unveiled plans for the inaugural global AI Safety Summit, scheduled to take place at the historic Bletchley Park.

The summit will bring together digital ministers, AI companies, civil society representatives, and independent experts for crucial discussions. The primary focus is on frontier AI, the most advanced generation of AI models, which – if not developed responsibly – could pose significant risks.

The event aims to explore both the...

UK races to agree statement on AI risks with global leaders

Downing Street officials find themselves in a race against time to finalise an agreed communique from global leaders concerning the escalating concerns surrounding artificial intelligence. 

This hurried effort comes in anticipation of the UK’s AI Safety Summit scheduled next month at the historic Bletchley Park.

The summit, designed to provide an update on White House-brokered safety guidelines – as well as facilitate a debate on how national security agencies can...

UK deputy PM warns UN that AI regulation is falling behind advances

In a stark address to the UN, UK Deputy PM Oliver Dowden has sounded the alarm on the potentially destabilising impact of AI on the world order.

Dowden has urged governments to take immediate action to regulate AI development, warning that the rapid pace of advancement in AI technology could outstrip their ability to ensure its safe and responsible use.

Speaking at the UN General Assembly in New York, Dowden highlighted that the UK will host a global summit in November...

IFOW: AI can have a positive impact on jobs

In a world where sensational headlines about AI and autonomous robots dominate the media landscape, a new report sheds light on a different narrative.

The research, funded by the Nuffield Foundation, explores the nuanced impacts of AI adoption on jobs and work quality. Contrary to the doomsday predictions, the report suggests that AI could have a positive influence on employment and job quality.

The study, conducted by the Institute for the Future of Work (IFOW),...

CMA sets out principles for responsible AI development 

The Competition and Markets Authority (CMA) has set out its principles to ensure the responsible development and use of foundation models (FMs).

FMs are versatile AI systems with the potential to revolutionise various sectors, from information access to healthcare. The CMA's report, published today, outlines a set of guiding principles aimed at safeguarding consumer protection and fostering healthy competition within this burgeoning industry.

Foundation models – known...

SEC turns its gaze from crypto to AI

US Securities and Exchange Commission (SEC) chairman Gary Gensler has announced a shift in focus from cryptocurrency to AI.

Gensler, who has been vocal about the risks and challenges posed by the cryptocurrency industry, now believes that AI is the technology that "warrants the hype" and deserves greater attention from regulators.

Gensler’s interest in AI dates back to 1997 when he became intrigued by the technology after witnessing Russian chess grandmaster Garry...