UK firms should take steps to limit risks from frontier AI models, UK says
Business
LONDON, May 15 : British companies should take steps to plan for and mitigate risks from new artificial intelligence models, the country's finance ministry, the Bank of England and the Financial Conduct Authority regulator said on Friday. "The cyber capabilities of current frontier AI models are already exceeding what a skilled practitioner could achieve, and at a significantly higher speed, greater scale, and lower cost," they said in a joint statement. "These capabilities, if used maliciously,
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