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Treasury Committee calls for evidence about use of AI in financial services
The Bank of England has published statistics which show that 75% of firms are already using AI, with a further 10% planning to use it over the next three years. Therefore, the House of Commons ...
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European Commission publishes guidance on prohibited AI practices under AI Act
The European Commission has published guidelines which provide an overview of AI practices that are deemed unacceptable due to their potential risks to European values and fundamental rights. The AI ...