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Elon Musk will head to Downing Street for talks with Rishi Sunak today following the prime minister’s AI safety summit.

The billionaire owner of SpaceX and Tesla jetted in for the event at Bletchley Park, which began on Wednesday with attending countries backing an agreement on the need to manage risks posed by the technology.

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China and the US, the world’s leading AI powers, were among 28 countries to endorse the Bletchley Declaration.

It said nations should work together to research the safety of so-called frontier AI models, which some experts – including Musk – believe could one day threaten humanity.

“It’s a risk,” he told Sky News on day one of the summit.

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Elon Musk: ‘AI is a risk’

PM’s AI balancing act

The Bletchley Declaration said any threats are “best addressed through international cooperation”, and also set out plans for more global summits next year.

Mr Sunak said the agreement was a “landmark achievement”.

But there was little sign of a concrete approach to regulation or any suggestions of a pause in AI’s development, which experts including Musk called for earlier this year.

It also did little to satisfy critics who warned the prime minister ahead of the summit he was too focused on hypothetical future threats, rather than present dangers like job losses and misinformation.

In a joint statement after the declaration was published, leading AI experts and civil society organisations warned politicians were not showing enough urgency to regulate.

Technology Secretary Michelle Donelan has defended the government’s approach at the summit, saying more hypothetical risks were still ones “we shouldn’t take lightly”.

She said the government was seeking to “strike the right balance” between safety and innovation.

Leading AI firms Anthropic and ChatGPT maker OpenAI have opened international offices in the UK, she added, proving the government was taking the right approach.

China keeps close control of its AI companies, will the West be able to do the same?



Tom Clarke

Science and technology editor

@aTomClarke

Elon Musk might have brought some stardust to this summit, but a more quietly significant presence was the Chinese government.

Although AI safety has been discussed in places like the UN, this is the first time China has sat round a table to discuss the issue with their American and European counterparts.

The UK government faced criticism from some of its own MPs for inviting China. The truth is, any honest effort to mitigate the risks of AI has to be a global one.

If, as some have suggested, super-intelligent AIs of the future might represent the same existential risk as nuclear weapons did in the 20th century, only a similar level of international agreement can keep us safe.

According to Professor Yi Zing, an AI researcher at the state-run Chinese Academy of Sciences, China has already developed AIs equally as powerful – and potentially as problematic – as GPT4 and its rivals in the West.

The major difference of course, is that the Chinese state keeps close control over its AI companies – and can ensure it benefits from any advances they make.

For regulators in the West it’s not so easy. Can they persuade increasingly powerful AI firms to allow them meaningful access to their AI models to ensure they are safe? And what can they do if they conclude they are not? Progress on that is a key objective of the second day of this summit.

Read more:
12 challenges with AI that ‘must be addressed’
Can AI do my job?
How AI could transform the future of crime

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What is the AI Safety Summit?

When is the Sunak-Musk meeting?

The meeting between the prime minister and Musk will take place after the summit has officially closed.

Thursday will see Mr Sunak convene a small group of governments, companies, and experts, while the technology secretary will meet again with her international counterparts.

It’s not known who the PM will be meeting, but the summit has welcomed the likes of OpenAI’s Sam Altman, Google DeepMind’s Demis Hassabis, and US vice president Kamala Harris.

His talks with Musk will take place in Downing Street, and be livestreamed on X (formerly Twitter).

Musk has hosted politicians on the platform before, notably a glitch-filled discussion with Ron DeSantis when the Florida governor launched his US presidency bid.

Musk and Mr Sunak have been divided on the need for AI regulation, with the former telling the US Congress in September there was “overwhelming consensus” for it.

Mr Sunak on the other hand has expressed caution, saying too much oversight would stifle innovation.

But Musk – the world’s richest man – changed his tune somewhat ahead of his UK trip, voicing his opposition to sweeping safeguards unveiled by US President Joe Biden earlier this week.

It included requiring AI companies to share safety data with the government before releasing their models publicly.

Speaking at the UK summit, Musk suggested he would prefer a “third-party referee” to regulate the sector.

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Economy shock overshadows Reeves’ big day

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Economy shock overshadows Reeves' big day

Sky News’ Sam Coates and Politico’s Anne McElvoy serve up their essential guide to the day in British politics.

Rachel Reeves has said this morning that the latest figures showing the UK economy has shrunk by more than expected are “disappointing”. How much will this overshadow yesterday’s major spending announcement?

The chancellor has now planted Labour’s fiscal flag in the sand – and spending mistakes from here on in certainly cannot be blamed on their predecessors. How will Labour react to a potential internal revolt over disability benefit cuts? And how will the party manage the politics around expected tax rises in the autumn?

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Did ChatGPT get the spending review right? Treasury minister gives his verdict

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Did ChatGPT get the spending review right? Treasury minister gives his verdict

The chief secretary to the Treasury has called the Sky News-Chat GPT spending review projection “pretty good” and scored it 70%.

Darren Jones compared the real spending review, delivered by Rachel Reeves on Wednesday, and the Sky News AI (artificial intelligence) projection last week.

Sky News took the Treasury’s spring statement, past spending reviews, the ‘main estimates’ from the Treasury website, and the Institute for Fiscal Studies’ projections, and put them into ChatGPT, asking it to calculate the winners and losers in the spending review.

Politics Hub: Tap here for live updates

This was done 10 days ahead of the review – before several departments had agreed their budgets with the Treasury – on the basis of projections based on those public documents. It also comes amid a big debate kicked off by Sky News about the level of error of AI.

The Sky News-AI projection correctly put defence and health as the biggest winners, the Foreign Office as the biggest loser, and identified many departments would lose out in real terms overall.

It suggested the education budget would be smaller than it turned out, but correctly highlighted the challenges for departments like the Home Office and environment.

More on Artificial Intelligence

Watch what happened with Sky’s AI-generated spending review

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AI writes the spending review

Reviewing the exercise, the author of the real spending review told Sky News that this pioneering use of AI was “pretty, pretty good”.

He added: “I could be out of a job next time in 2027, which to be honest, it’s not a bad idea given the process I’ve just had to go through.”

The Treasury made a number of accounting changes to so-called “mega projects” which AI could not have anticipated, and changed some of the numbers.

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Sky’s economics editor Ed Conway takes a look at the key takeaways from chancellor Rachel Reeves’ spending review.

Asked to give it a score, Mr Jones replied: “I’m going to give it 70%.”

The spending review includes AI as a tool to save money in various government processes.

Asked if 70% accuracy is good enough for government, he replied: “Well we’re not using your AI. We’ve got our own AI, which is called HMT GPT, and it helps us pull together all the information across government to be able to make better, evidence-informed decisions.”

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DeFi Development to refile $1B Solana plan after SEC filing snag

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DeFi Development to refile B Solana plan after SEC filing snag

DeFi Development to refile B Solana plan after SEC filing snag

Formerly only a real estate financing company, DeFi Development Corp started buying Solana to become a Solana treasury company as well, currently holding over 609,000 tokens.

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