UK Legislators urge caution in retail digital pound rollout
The committee’s report recommends imposing lower initial limits on the value of retail digital pounds to alleviate the risk of potential bank runs amid market instability. Go to Source
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London Stock Exchange seeks digital assets director
In a LinkedIn job posting the London Stock Exchange Group says it’s seeking a digital assets lead with a “passion” for digital assets, crypto and blockchain. Go to Source
DeepMind co-founder chides Elon over UK AI summit comments: ‘He’s not an AI scientist’
World renowned AI scientist Mustafa Suleyman appears to disagree with Elon Musk’s assessment of the threats and benefits A.I. technologies could pose in the future. Go to Source
UK AI Safety Summit: Musk likens AI to ‘magic genie,’ says no jobs needed in future
The second day of the UK AI summit featured a one-on-one talk between Prime Minister Rishi Sunak and Elon Musk that discussed the future of the job market, China and AI as a “magic genie.” Go to Source
UK to invest 300M pounds in 2 AI supercomputers, Harris presses for AI safety
The U.K. says the investments will help its local scientific talent have tools they need to ensure that the most advanced AI models are up to safety standards. Go to Source
UK AI Safety Summit begins with global leaders in attendance, remarks from China and Musk
The U.K. AI Safety Summit concluded its first day with a common declaration, the U.S. announcing an AI safety institute, China willing to communicate on AI safety and comments from Elon Musk. Go to Source
US surveillance and facial recognition firm Clearview AI wins GDPR appeal in UK court
According to court documents, the UK commissioner doesn’t have the authority or jurisdiction to cite or fine the “foreign” company for GDPR infractions. Go to Source
Stocks across Asia and Europe rise on Economic growth indicators
Stocks across the Asia Pacific region marked a second consecutive day of bullish growth as the European stock market reached a three-week high. Go to Source
Huobi, KuCoin, over 140 crypto exchanges ‘non-authorized’ — UK regulator
The FCA’s list of registered crypto asset providers includes 42 entities and hasn’t changed since August. Go to Source
Snapchat warned by UK data watchdog over AI chatbot risks
Snapchat received a warning from the U.K. data watchdog regarding its AI chatbot “My AI” for potentially failing to identify and address its privacy risks. Go to Source
