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The UK unveils a £100M Sovereign AI R&D Procurement Scheme for domestic AI startups focused on public services, amid growing opposition to Palantir contracts (Jim Pickard/Financial Times)

Scheme comes in wake of growing opposition to government contracts with US software group Palantir

We haven't written up this one. Techmeme has the full story — the link below goes straight to it.

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Advanced AI threatens the world’s financial system, watchdog says

The head of the world’s financial stability watchdog warned on Monday of the serious risk posed by advanced AI models to the global financial system.

  • Advanced AI models pose immediate threat to global financial system
  • Bailey, Bank of England governor, warns of risks transcending borders
  • Lack of safeguards highlighted during G20 finance officials meeting

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