SEC settles charges against investment advisers accused of AI washing
The Securities and Exchange Commission (SEC) has resolved allegations against two advisory firms accused of falsely claiming to…
AI
Google restricts election-related questions on Gemini chatbot
Google has announced it will limit the scope of election-related inquiries that its AI chatbot, Gemini, can respond…
Microsoft to roll out Copilot AI chatbot for finance sector
On Thursday, Microsoft unveiled its plans to introduce a Copilot chatbot tailored for finance professionals, with an initial…
Nvidia triggers robust inflows into global equity funds
In the week ending February 28, global equity funds experienced significant inflows, buoyed by a surge in stock…
Google launches Gemini AI chatbot
Google has introduced Gemini, its new AI chatbot, effectively replacing the briefly operational Bard service. Launched in December,…
AI risks worsening inequality, says IMF
The International Monetary Fund (IMF) has released an analysis suggesting that while AI has the potential to significantly…
AI set to increase cyber threat to UK, says NCSC
The UK’s National Cyber Security Centre (NCSC) has issued a report highlighting the potential for AI to significantly…
Data issues holding back financial services AI growth
EXL’s research indicates that approximately 89% of UK banking and insurance companies have integrated AI solutions in the…
OpenAI and Common Sense in safe AI partnership
OpenAI has teamed up with the nonprofit organization Common Sense Media to promote the use of AI in…
£100 funding for UK AI sector
The UK government has unveiled a significant funding initiative exceeding £100 million to foster a flexible approach to…