UK finance watchdog teams up with Nvidia to let banks experiment with AI

Key Points

The U.K.’s Financial Conduct Authority announced the Supercharged Sandbox, a partnership with Nvidia that aims to help banks safely experiment with AI.
The initiative is designed for financial services firms in the “discovery and experiment phase” with AI, the FCA said.
Banks have faced challenges shipping advanced new AI tools to their customers due to concerns over risks they pose around privacy and fraud.

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