US, EU Seek Cooperation on Advanced AI Models to Safeguard Financial Systems
Transatlantic Collaboration on AI Safety in Financial Systems
EU Perspective on AI Model Adoption
EVIAN-LES-BAINS, France, June 17 (Reuters) - European Commission President Ursula von der Leyen said on Wednesday it was in the mutual interest of the United States and the European Union for the EU to use the best AI models, while praising U.S. moves to ensure artificial intelligence companies acted responsibly when introducing powerful new models.
Interconnected Financial Systems and Shared Technology
"We use each other's trusted technology, and our financial systems are interconnected. It is in our mutual interest that our citizens and companies can safely use the best AI models," von der Leyen said at a lunch with G7 leaders and AI and technology company chiefs.
Setting Global Standards for AI Safety
"We test planes before flying them. The US and EU are world leaders in aviation safety, and we can also show the way also in AI...I'm looking forward to working together with the U.S. on this," she added.
Recent Developments in AI Regulation
Anthropic's AI Model Suspension
Von der Leyen's comments come after Anthropic disabled its most advanced AI models last week for all users after the U.S. government ordered it to suspend access to the models for foreign nationals.
Cybersecurity Implications for Banks
Anthropic's Mythos, developed to find flaws in computer code to help bolster defences against cyberattacks, is seen by cybersecurity experts as capable of turbo-charging attacks on banks' technology systems it aims to protect.
Reporting Credits
(Reporting by Julia Payne and Makini Brice)