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Rishi Sunak has said the UK’s AI safety summit will “tip the balance in favour of humanity” after governments reached a “landmark agreement” with tech companies to test their models before their release.

The prime minister said while the event at Bletchley Park was “only the beginning of the conversation”, it showed there was a “will and capability to control the technology”.

Powerful AI models like OpenAI’s ChatGPT and Google‘s Bard are trained on huge amounts of data to respond to prompts and make predictions.

Follow latest: UK has ‘led conversation’ to allow world access to benefits of AI

One of the concerns is a lack of transparency around the data they are trained on, and Mr Sunak has claimed government regulation won’t be possible without more openness about how they work.

“In order to regulate this technology, to make sure it is safe, we have to have the capability to understand what these models are capable of,” he told Sky’s science and technology editor Tom Clarke.

The agreement struck with AI companies to collaborate on safety testing before new models are released is a “necessary” step, he added.

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The UK and US governments will set up their own AI safety institutes to carry out such testing and share findings.

But not everyone at the summit appeared convinced by the arrangement, with Elon Musk appearing to mock the politicians who brokered the deal just hours before he holds talks with the prime minister.

“Sigh,” he posted, alongside a cartoon casting doubt on governments’ willingness to collaborate.

PM to hold one-on-one with Musk

Billionaire Musk was one of the star guests at two-day summit in Milton Keynes, which took place at the home of Britain’s Second World War codebreakers.

On day one, Musk told Sky News AI is a “risk” to humanity.

His post on X came just as the prime minister began a news conference on Thursday afternoon.

The men are due to hold talks later tonight, streamed on the SpaceX and Tesla owner’s X site.

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Elon Musk: ‘AI is a risk’

PM: AI can ‘transform our lives’

The outspoken tycoon was one of more than 100 politicians, tech bosses, and academics at the UK’s summit to discuss challenges posed by artificial intelligence.

It resulted in the Bletchley Declaration, which saw 28 nations including the US and China agree to collaborate to research safety concerns around the world’s most capable AI models.

Mr Sunak said while the technology had the potential to “transform our lives”, impacting sectors from education to health care, it could present dangers “on a scale like pandemics and nuclear war”.

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OpenAI CEO Sam Altman at summit

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

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 Mr Sunak ahead of the summit he was too focused on hypothetical future threats, rather than present dangers like job losses and misinformation.

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What is the AI Safety Summit?

US VP warns not to forget ‘everyday threats’

Mr Sunak had previously announced leading AI companies had agreed to share their models with the UK, with a government safety institute launched to research them and flag any concerns.

The White House detailed similar plans this week as part of a wide set of safeguards which include AI-generated content having to be watermarked to combat deepfake content.

US vice president Kamala Harris, who attended the UK summit on Thursday, has said “everyday threats” can’t be ignored despite fears around the more far-flung dangers.

Mr Sunak has been more cautious than the US about AI safety legislation, arguing it would risk stifling innovation.

Instead, the government has tasked existing regulators like the Competition and Markets Authority, Ofcom, and the Health and Safety Executive to apply key principles around safety, transparency, and accountability to AI.

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Bank of Canada just says no to retail CBDC in reshuffling of priorities

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Bank of Canada just says no to retail CBDC in reshuffling of priorities

Regulating and speeding up payments without a CBDC are more important to the Canadian central bank.

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SEC approves options for BlackRock’s spot Bitcoin ETF

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<div>SEC approves options for BlackRock's spot Bitcoin ETF</div>

The SEC notice seemed to be an industry first after the commission approved the listing and trading of spot Bitcoin exchange-traded funds on US exchanges in January.

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Farage: It’s possible I could become PM

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Farage: It's possible I could become PM

Nigel Farage has spoken about his aspirations as Reform UK party leader and insists he could become prime minister.

He told Sky’s political correspondent Darren McCaffrey the prospect of taking over at Number 10 at some point “may not be probable, but it’s certainly possible”.

In an interview on the sidelines of the Reform UK annual conference in Birmingham, he also described his intention to change the party and make it more democratic.

“I don’t want it to be a one man party. Look, this is not a presidential system. If it was, I might think differently about it. But no, it’s not. We have to be far more broadly based,” he said.

He also accepted there were issues with how the party was perceived by some during the general election.

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Highlights of Farage’s conference speech

“We had a problem,” he admitted. “Those that wished us harm use the racist word. And we had candidates who genuinely were.”

Earlier the party leader and Clacton MP gave his keynote speech at the conference, explaining how they intend to win even more seats at the next general election.

He also called out the prime minister for accepting free gifts and mocked the candidates in the Tory leadership race.

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Farage jokes about PM accepting gifts

But he turned to more serious points, too – promising that Reform UK will “be vetting candidates rigorously at all levels” in future.

Addressing crowds in Birmingham, Mr Farage said the party has not got “time” or “room” for “a few extremists to wreck the work of a party that now has 80,000 members”.

Farage says Reform UK needs to ‘grow up’

By Darren McCaffrey, political correspondent in Birmingham

Reform and Nigel Farage can hardly believe their success.

Perhaps unsurprising, given they received over four million votes and now have five MPs.

But today this is a party that claims it has bigger ambitions – that it’s fighting for power.

Having taken millions of votes from the Conservatives, the party thinks it can do so with Labour voters too.

Reform finished second in 98 constituencies, 89 of them are Labour seats.

But it is a big ask, not least of all because it is a party still dominated by its controversial leader and primarily by one majority issue – migration.

Nigel Farage says the party needs to grow up and professionalise if it has a chance of further success.

This is undoubtedly true but if Reform is going to carry on celebrating, they know it also has to broaden its policy appeal beyond the overwhelming concern of its members.

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“The infant that Reform UK was has been growing up,” he said in his speech and pointed towards the success of the Liberal Democrats at the general election.

He told delegates his party has to “model ourselves on the Liberal Democrats” which secured 72 seats on a smaller popular vote share than Reform UK.

He said: “The Liberal Democrats put literature and leaflets through doors repeatedly in their target areas, and despite the fact they haven’t got any policies at all. In fact, the whole thing’s really rather vacuous, isn’t it? But they manage with a vote much lower than ours to win 72 seats in parliament.”

Reform won more than four million votes in July, and 14% of the vote share – more than the Lib Dems.

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