FCA names eight firms for second AI Live Testing cohort with Barclays and Lloyds
The FCA confirms Barclays, Experian, Lloyds (Scottish Widows), UBS and four others will live-test AI applications with regulator and technical partner Advai.
AI News — Page 55
The latest AI developments shaping UK business and technology
UK pharmacy regulator issues first formal AI position statement
The General Pharmaceutical Council publishes its first AI position, reminding pharmacy professionals they remain personally accountable when using AI tools.
Vallance and Chapman insist £162m STFC cuts pose no risk to UK AI and quantum
Science minister and UKRI chief back the prime minister's statement as MPs question whether STFC cost savings will damage the UK's AI and quantum research base.
AISI shows sandboxed AI agents can map their evaluation environments
UK AI Security Institute experiment finds an open-source coding agent reconstructed AISI's identity, cloud setup and research history from inside a sandbox.
Birmingham haulage SME uses AI to cut missed deliveries by 22%
Mobile People Powered Logistics credits AI-automated customer calls and system integration for quadrupled revenue and a 22% fall in rescheduled deliveries.
UK government opens £80m procurement against £500m sovereign AI fund
DSIT opens £80m procurement round against the £500m sovereign AI capability fund, with contracts of up to £5m each and bidders keeping their IP.
Anthropic commits £75bn to AWS for decade of Claude compute
Anthropic will spend £75bn (0bn) at AWS over ten years for up to 5GW of Trainium capacity, with Amazon topping up investment by £19bn.