US Treasury publishes AI risk framework for financial services
New guidebook from 100+ financial institutions offers structured controls for AI governance, from bias monitoring to incident response procedures.
AI News — Page 69
The latest AI developments shaping UK business and technology
UK bets £2bn on quantum computing to avoid repeating AI brain drain
Chancellor Rachel Reeves announces £1bn quantum procurement programme as ministers warn UK must retain homegrown talent rather than lose it to the US.
EU Council agrees to delay and simplify AI Act high-risk rules
The EU Council has adopted its negotiating position on streamlining the AI Act, pushing back deadlines for high-risk systems and extending SME exemptions.
Google commits $30m to AI skills training across Europe
Google launches AI Works for Europe initiative with $30 million funding, new professional certificates, and university partnerships to train workers in AI skills.
Insurers start writing policies for AI hallucinations and agent errors
As agentic AI replaces human oversight, specialist insurers are creating new products for AI-related losses while others add blanket exclusion clauses.
McKinsey's internal AI chatbot breached via basic SQL injection
Security firm CodeWall used an autonomous AI penetration tool to access McKinsey's Lilli chatbot, exposing 46.5 million chat messages and system configurations.
UK-based artist's AI singer becomes protest anthem in Iran
London artist Farbod Mehr created Nava, an AI-generated singer whose song has been viewed 13 million times and become a soundtrack for Iranians during conflict.
Adecco signs unlimited Agentforce deal to power half its revenue with AI
The Adecco Group has signed a multi-year agreement with Salesforce for unlimited Agentforce 360 access, targeting over 50% of revenues powered by agentic AI by end of 2026.
Grammarly pulls AI tool that impersonated authors after class-action lawsuit
Superhuman disables Grammarly's Expert Review feature that mimicked writers including Stephen King without consent, facing a multi-million dollar class-action.
Lincolnshire datacentre approved despite emissions equal to UK flights
North Lincolnshire council unanimously approved the Elsham Tech Park AI datacentre, projected to emit nearly as much CO2 as all UK domestic flights combined.
McKinsey's AI system hacked, exposing millions of internal messages
A solo cybersecurity researcher used an AI agent to breach McKinsey's in-house AI platform Lilli within two hours, accessing 46.5 million chat messages.
