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Jakub Porzycki | Nurphoto | Gets the image
London-British Financial Services on Monday announced a new connection with American chips Nvidia For banks to experiment safely with artificial intelligence.
The financial behavior authorities said it would launch the so -called filling sandbox, which “will give firms access to the best data, technical examination and support support to accelerate innovation.”
Starting in October, financial services in the UK will be allowed to experiment with AI using accelerated NVIDIA computing and AI Enterprise software, a press release said.
The initiative is intended for firms in the “Federation of Detection and Experiment” with AI, the FCA noted, adding that a separate service service exists for firms further in the development of AI.
“This cooperation will help those who want to check the ideas of the II, but who lack the opportunities for this,” said Jessica Rus, main data, intelligence and FCA information service. “We will help firms use II to benefit our markets and consumers by maintaining economic growth.”
The new sandbox FCA solves the key issue for banks that have faced the issues of delivery of new AI AI tools for its customers against the background of risk -rates around privacy and fraud.
Big language models similar to Openai and Google are sent back to foreign objects – and privacy regulators raised the alarm About how this information is stored and processed. Meanwhile, there were several cases malicious actors who use generative II for scam.
Nvidia stands behind graphic processing blocks, or graphic processors used to train and launch powerful AI models. Is expected upon Monday morning.
Last year’s Generative AI HSBC, Edward Ahtner, told the London Technical Conference what sees “a lot Theater of success“In finances, when it comes to artificial intelligence – hinting that some financial services firms advertise success in II without material innovations that can be shown.
He added that, while banks such as HSBC have been using AI for many years, new generative AI tools such as Chatgpt Openai are shipped with their unique compliance risks.