UK regulator warns of 'arms race' to keep up with AI in financial services
Sheldon Mills of the Financial Conduct Authority said regulators are in an 'arms race' to keep up with AI use in finance, as millions use AI for personal finance decisions. The warning highlights the challenge of regulating rapidly evolving AI tools.
1 source
Daily brief
Get tomorrow's AI brief in your inbox
More stories today
- NVIDIA demos local Hermes agent debugging with RTX Spark
- NVIDIA explains omni-models: unified text, image, audio, video
- Anthropic Plans to Change Data Retention Policy for Advanced AI
- ATDev updates progress on autonomous wheelchair with robotic arm
- Claude Code demo generates full MP4 videos with Qwen3-TTS and FLUX.2