The Bank of International Settlement (BIS) and two of Europe’s central banks have established a channel that can protect financial data from the risks that quantum computers might pose in the future. The BIS Innovation Hub Eurosystem Centre worked with the French and German central banks’ initiative Project Leap to design a channel that […]
A cross-party group of MPs has made recommendations on the government’s approach to regulating the crypto industry and warned that the UK has less than 18 months to get it right if it wants to take an early lead in global crypto regulation. The All Party Parliamentary Group (APPG) for Crypto and Digital Assets […]
In 2019, a group of researchers at AI Sweden received funding from the Swedish Innovation Agency (Vinnova) for a project called Language model for Swedish Authorities. The goal was to produce language models that could be used primarily by the public sector and made available for use by the private sector. A language model is a machine learning […]
Following the UK Cyber Security Council’s Ethnic Minorities in Cyber Symposium and wider consultation with our members, the Council has been able to gather valuable insight into the key inhibitors to diversity in the industry and create what we have called the Diversity Process Flow. Process flows are used across cyber to establish processes, […]
The ways that artificial intelligence (AI) will impact upon our lives are being determined by governments and corporations, with little input from ordinary people, says AI expert Dan McQuillan, who is calling for social changes to resolve this uneven power dynamic and in turn reshape how the technology is approached in the first place. […]
The Metropolitan Police Services’ (MPS) director of intelligence has defended the force’s use of facial-recognition technology to a Parliamentary committee, as part of its inquiry into the UK’s governance of artificial intelligence (AI) technology. The session follows reports that policing minister Chris Philp, in closed-door meetings with the biometrics commissioner of England and Wales, […]
Experienced retail technologist Adam Warne made an important transition when he became CIO at high street fashion brand River Island in October 2021. “I’ve been in retail for 20 years now; technology for 25 years,” he says. “But until I joined River Island, all of my experience had been with digital pure-plays. One of […]
HSBC is running quantum computing projects to assess the technology’s potential in areas including cyber security, fraud detection and natural language processing in the banking sector. Working with quantum computing specialist Quantinuum, the bank will explore opportunities to use quantum computers in near and long term. HSBC and Quantinuum will initially explore the use […]
Having worked with the Finnish comms tech provider Nokia for over a decade to drive global expansion and create what it says is the largest carrier and datacentre neutral interconnection ecosystem, DE-CIX has begun operation of Internet Exchange (IX) in Helsinki. DE-CIX said that over the course of the past 10 years, Nokia has […]
ChatGPT is a large language model (LLM) falling under the broad definition of generative AI. The sophisticated chatbot was developed by OpenAI using the Generative Pre-trained Transformer (GPT) model to understand and replicate natural language patterns with human-like accuracy. The latest version, GPT-4, exhibits human-level performance on professional and academic benchmarks. Without question, generative […]