AI News — Page 57
The latest AI developments shaping UK business and technology
IMF meetings turn to Mythos as UK banks prepare access
Andrew Bailey and Barclays CEO back urgent bank testing of Anthropic's Mythos model; UK banks get access this week via FCA, HM Treasury and NCSC.
UK to launch £500m Sovereign AI Fund backing homegrown champions
Technology Secretary Liz Kendall unveils £500m state-backed VC unit combining capital, supercomputer access and procurement routes for UK AI firms.
Only 11% of banks report trustworthy AI despite rapid scaling, SAS finds
IDC-SAS report reveals 47% of banks caught in 'trust dilemma': over-relying on unvalidated AI or under-using reliable systems.
Isle of Man police flag serious AI bullying harm to children
Officers report some young people changing schools or leaving the island due to AI-generated deepfake abuse; issue affecting children as young as seven.