Artificial Intelligence news

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Anthropic releases chatbot able to process large blocks of text and make judgments on what it is producingA US artificial intelligence company has launched a rival chatbot to ChatGPT that can summarise novel-sized blocks of text and operates from a list of safety principles drawn from sources such as the Universal Declaration of Human Rights.Anthropic has made the chatbot, Claude 2, publicly available in the US and the UK, as the debate grows over the safety and societal risk of artificial intel

Semiconductor powerhouse could invest hundreds of millions of dollars in Cambridge-based firmThe British chip design company Arm is in talks to bring in Nvidia as an anchor investor in its US flotation, according to a report.Arm, based in Cambridge, is in discussions with the world’s most valuable semiconductor company about taking a stake in the business during the initial public offering (IPO), the Financial Times reported. Continue reading...

Financial Conduct Authority chief to highlight risks of ‘deepfake’ fraud as well as benefits of Artificial IntelligenceThe head of the UK’s financial regulator is to warn that banks, investors and insurers will have to ramp up their spending to combat scammers using artificial intelligence to commit fraud.Nikhil Rathi, the chief executive of the Financial Conduct Authority (FCA), will say that there are risks of “cyber fraud, cyber-attacks and identity fraud increasing in