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UK banks to experiment with Nvidia AI in ‘supercharged sandbox’ scheme

Financial Conduct Authority launches initiative to ‘speed up innovation’ and help spur economic growthThe UK’s financial regulator is to allow banks and other City firms to experiment with the US chipmaker Nvidia’s leading AI products to “speed up innovation” and fulfil government orders to boost UK growth.The Financial Conduct Authority (FCA) said it was launching a “supercharged sandbox” that would give successful applicants the chance to experiment safely with cutting-edge AI under the watchdog’s supervision, allowing them to use Nvidia’s accelerated computing products. Continue reading...

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