British Prime Minister Rishi Sunak delivers a speech on artificial intelligence at the Royal Society, Carlton House Terrace, on Oct. 26, 2023, in London.
Peter Nicholls | Getty Images News | Getty Images
The U.K. is set to hold its landmark artificial intelligence summit this week, as political leaders and regulators grow more and more concerned by the rapid advancement of the technology.
The two-day summit, which takes place on Nov. 1 and Nov. 2, will host government officials and companies from around the world, including the U.S. and China, two superpowers in the race to develop cutting-edge AI technologies.
It is Prime Minister Rishi Sunak’s chance to make a statement to the world on the U.K.’s role in the global conversation surrounding AI, and how the technology should be regulated.
Ever since the introduction of Microsoft-backed OpenAI’s ChatGPT, the race toward the regulation of AI from global policymakers has intensified.
Of particular concern is the potential for the technology to replace — or undermine — human intelligence.
Where it’s being held
The AI summit will be held in Bletchley Park, the historic landmark around 55 miles north of London.
Bletchley Park was a codebreaking facility during World War II.
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It’s the location where, in 1941, a group of codebreakers led by British scientist and mathematician Alan Turing cracked Nazi Germany’s notorious Enigma machine.
It’s also no secret that the U.K. is holding the summit at Bletchley Park because of the site’s historical significance — it sends a clear message that the U.K. wants to reinforce its position as a global leader in innovation.
What it seeks to address
The main objective of the U.K. AI summit is to find some level of international coordination when it comes to agreeing some principles on the ethical and responsible development of AI models.
The summit is squarely focused on so-called “frontier AI” models — in other words, the advanced large language models, or LLMs, like those developed by companies such as OpenAI, Anthropic, and Cohere.
It will look to address two key categories of risk when it comes to AI: misuse and loss of control.
Misuse risks involve a bad actor being aided by new AI capabilities. For example, a cybercriminal could use AI to develop a new type of malware that cannot be detected by security researchers, or be used to help state actors develop dangerous bioweapons.
Loss of control risks refer to a situation in which the AI that humans create could be turned against them. This could “emerge from advanced systems that we would seek to be aligned with our values and intentions,” the government said.
Who’s going?
Major names in the technology and political world will be there.
U.S. Vice President Kamala Harris speaks during the conclusion of the Investing in America tour at Coppin State University in Baltimore, Maryland, on July 14, 2023.
A Chinese government delegation from the Ministry of Science and Technology
European Commission President Ursula von der Leyen
Who won’t be there?
Several leaders have opted not to attend the summit.
French President Emmanuel Macron.
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They include:
U.S. President Joe Biden
Canadian Prime Minister Justin Trudeau
French President Emmanuel Macron
German Chancellor Olaf Scholz
When asked whether Sunak feels snubbed by his international counterparts, his spokesperson told reporters Monday, “No, not at all.”
“I think we remain confident that we have brought together the right group of world experts in the AI space, leading businesses and indeed world leaders and representatives who will be able to take on this vital issue,” the spokesperson said.
“This is the first AI safety summit of its kind and I think it is a significant achievement that for the first time people from across the world and indeed from across a range of world leaders and indeed AI experts are coming together to look at these frontier risks.”
Will it succeed?
The British government wants the AI Summit to serve as a platform to shape the technology’s future. It will emphasize safety, ethics, and responsible development of AI, while also calling for collaboration at a global level.
Sunak is hoping that the summit will provide a chance for Britain and its global counterparts to find some agreement on how best to develop AI safely and responsibly, and apply safeguards to the technology.
In a speech last week, the prime minister warned that AI “will bring a transformation as far reaching as the industrial revolution, the coming of electricity, or the birth of the internet” — while adding there are risks attached.
“In the most unlikely but extreme cases, there is even the risk that humanity could lose control of AI completely through the kind of AI sometimes referred to as super intelligence,” Sunak said.
Sunak announced the U.K. will set up the world’s first AI safety institute to evaluate and test new types of AI in order to understand the risks.
He also said he would seek to set up a global expert panel nominated by countries and organizations attending the AI summit this week, which would publish a state of AI science report.
A particular point of contention surrounding the summit is Sunak’s decision to invite China — which has been at the center of a geopolitical tussle over technology with the U.S. — to the summit. Sunak’s spokesperson has said it is important to invite China, as the country is a world leader in AI.
International coordination on a technology as complex and multifaceted as AI may prove difficult — and it is made all the more so when two of the big attendees, the U.S. and China, are engaged in a tense clash over technology and trade.
China’s President Xi Jinping and U.S. President Joe Biden at the G20 Summit in Nusa Dua on the Indonesian island of Bali on Nov. 14, 2022.
Saul Loeb | Afp | Getty Images
Washington recently curbed sales of Nvidia’s advanced A800 and H800 artificial intelligence chips to China.
Different governments have come up with their own respective proposals for regulating the technology to combat the risks it poses in terms of misinformation, privacy and bias.
The EU is hoping to finalize its AI Act, which is set to be one of the world’s first pieces of legislation targeted specifically at AI, by the end of the year, and adopt the regulation by early 2024 before the June European Parliament elections.
Some tech industry officials think that the summit is too limited in its focus. They say that, by keeping the summit restricted to only frontier AI models, it is a missed opportunity to encourage contributions from members of the tech community beyond frontier AI.
“I do think that by focusing just on frontier models, we’re basically missing a large piece of the jigsaw,” Sachin Dev Duggal, CEO of London-based AI startup Builder.ai, told CNBC in an interview last week.
“By focusing only on companies that are currently building frontier models and are leading that development right now, we’re also saying no one else can come and build the next generation of frontier models.”
Some are frustrated by the summit’s focus on “existential threats” surrounding artificial intelligence and think the government should address more pressing, immediate-term risks, such as the potential for deepfakes to manipulate 2024 elections.
Photo by Carl Court
“It’s like the fire brigade conference where they talk about dealing with a meteor strike that obliterates the country,” Stefan van Grieken, CEO of generative AI firm Cradle, told CNBC.
“We should be concentrating on the real fires that are literally present threats.”
However, Marc Warner, CEO of British AI startup Faculty.ai, said he believes that focusing on the long-term, potentially devastating risks of achieving artificial general intelligence to be “very reasonable.”
“I think that building artificial general intelligence will be possible, and I think if it is possible, there is no scientific reason that we know of right now to say that it’s guaranteed safe,” Warner told CNBC.
“In some ways, it’s sort of the dream scenario that governments tackle something before it’s a problem rather than waiting until stuff gets really bad.”
The logo for the Food and Drug Administration is seen ahead of a news conference on removing synthetic dyes from America’s food supply, at the Health and Human Services Headquarters in Washington, DC on April 22, 2025.
Nathan Posner | Anadolu | Getty Images
The U.S. Food and Drug Administration on Tuesday published a warning letter addressed to the wrist wearable company Whoop, alleging it is marketing a new blood pressure feature without proper approvals.
The letter centers around Whoop’s Blood Pressure Insights (BPI) feature, which the company introduced alongside its latest hardware launch in May.
Whoop said its BPI feature uses blood pressure information to offer performance and wellness insights that inform consumers and improve athletic performance.
But the FDA said Tuesday that Whoop’s BPI feature is intended to diagnose, cure, treat or prevent disease — a key distinction that would reclassify the wellness tracker as a “medical device” that has to undergo a rigorous testing and approval processes.
“Providing blood pressure estimation is not a low-risk function,” the FDA said in the letter. “An erroneously low or high blood pressure reading can have significant consequences for the user.”
A Whoop spokesperson said the company’s system offers only a single daily estimated range and midpoint, which distinguishes it from medical blood pressure devices used for diagnosis or management of high blood pressure.
Whoop users who purchase the $359 “Whoop Life” subscription tier can use the BPI feature to get daily insights about their blood pressure, including estimated systolic and diastolic ranges, according to the company.
Whoop also requires users to log three traditional cuff-readings to act as a baseline in order to unlock the BPI feature.
Additionally, the spokesperson said the BPI data is not unlike other wellness metrics that the company deals with. Just as heart rate variability and respiratory rate can have medical uses, the spokesperson said, they are permitted in a wellness context too.
“We believe the agency is overstepping its authority in this case by attempting to regulate a non-medical wellness feature as a medical device,” the Whoop spokesperson said.
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High blood pressure, also called hypertension, is the number one risk factor for heart attacks, strokes and other types of cardiovascular disease, according to Dr. Ian Kronish, an internist and co-director of Columbia University’s Hypertension Center.
Kronish told CNBC that wearables like Whoop are a big emerging topic of conversation among hypertension experts, in part because there’s “concern that these devices are not yet proven to be accurate.”
If patients don’t get accurate blood pressure readings, they can’t make informed decisions about the care they need.
At the same time, Kronish said wearables like Whoop present a “big opportunity” for patients to take more control over their health, and that many professionals are excited to work with these tools.
Understandably, it can be confusing for consumers to navigate. Kronish encouraged patients to talk with their doctor about how they should use wearables like Whoop.
“It’s really great to hear that the FDA is getting more involved around informing consumers,” Kronish said.
FILE PHOTO: The headquarters of the U.S. Food and Drug Administration (FDA) is seen in Silver Spring, Maryland November 4, 2009.
Jason Reed | Reuters
Whoop is not the only wearable manufacturer that’s exploring blood pressure monitoring.
Omron and Garmin both offer medical blood pressure monitoring with on-demand readings that fall under FDA regulation. Samsung also offers blood-pressure-reading technology, but it is not available in the U.S. market.
Apple has also been teasing a blood pressure sensor for its watches, but has not been able to deliver. In 2024, the tech giant received FDA approval for its sleep apnea detection feature.
Whoop has previously received FDA clearance for its ECG feature, which is used to record and analyze a heart’s electrical activity to detect potential irregularities in rhythm. But when it comes to blood pressure, Whoop believes the FDA’s perspective is antiquated.
“We do not believe blood pressure should be considered any more or less sensitive than other physiological metrics like heart rate and respiratory rate,” a spokesperson said. “It appears that the FDA’s concerns may stem from outdated assumptions about blood pressure being strictly a clinical domain and inherently associated with a medical diagnosis.”
The FDA said Whoop could be subject to regulatory actions like seizure, injunction, and civil money penalties if it fails to address the violations that the agency identified in its letter.
Whoop has 15 business days to respond with steps the company has taken to address the violations, as well as how it will prevent similar issues from happening again.
“Even accounting for BPI’s disclaimers, they do not change this conclusion, because they are insufficient to outweigh the fact that the product is, by design, intended to provide a blood pressure estimation that is inherently associated with the diagnosis of a disease or condition,” the FDA said.
United Launch Alliance Atlas V rocket carrying the first two demonstration satellites for Amazon’s Project Kuiper broadband internet constellation stands ready for launch on pad 41 at Cape Canaveral Space Force Station on October 5, 2023 in Cape Canaveral, Florida, United States.
Paul Hennessey | Anadolu Agency | Getty Images
As Amazon chases SpaceX in the internet satellite market, the e-commerce and computing giant is now counting on Elon Musk’s rival company to get its next batch of devices into space.
On Wednesday, weather permitting, 24 Kuiper satellites will hitch a ride on one of SpaceX’s Falcon 9 rockets from a launchpad on Florida’s Space Coast. A 27-minute launch window for the mission, dubbed “KF-01,” opens at 2:18 a.m. ET.
The launch will be livestreamed on X, the social media platform also owned by Musk.
The mission marks an unusual alliance. SpaceX’s Starlink is currently the dominant provider of low earth orbit satellite internet, with a constellation of roughly 8,000 satellites and about 5 million customers worldwide.
Amazon launched Project Kuiper in 2019 with an aim to provide broadband internet from a constellation of more than 3,000 satellites. The company is working under a tight deadline imposed by the Federal Communications Commission that requires it to have about 1,600 satellites in orbit by the end of July 2026.
Amazon’s first two Kuiper launches came in April and June, sending 27 satellites each time aboard rockets supplied by United Launch Alliance.
Assuming Wednesday’s launch is a success, Amazon will have a total of 78 satellites in orbit. In order to meet the FCC’s tight deadline, Amazon needs to rapidly manufacture and deploy satellites, securing a hefty amount of capacity from rocket providers. Kuiper has booked up to 83 launches, including three rides with SpaceX.
Space has emerged as a battleground between Musk and Amazon founder Jeff Bezos, two of the world’s richest men. Aside from Kuiper, Bezos also competes with Musk via his rocket company Blue Origin.
Blue Origin in January sent up its massive New Glenn rocket for the first time, which is intended to rival SpaceX’s reusable Falcon 9 rockets. While Blue Origin currently trails SpaceX, Bezos last year predicted his latest venture will one day be bigger than Amazon, which he started in 1994.
Kuiper has become one of Amazon’s biggest bets, with more than $10 billion earmarked for the project. The company may need to spend as much as $23 billion to build its full constellation, analysts at Bank of America wrote in a note to clients last week. That figure doesn’t include the cost of building terminals, which consumers will use to connect to the service.
The analysts estimate Amazon is spending $150 million per launch this year, while satellite production costs are projected to total $1.1 billion by the fourth quarter.
Amazon is going after a market that’s expected to grow to at least $40 billion by 2030, the analysts wrote, citing estimates by Boston Consulting Group. The firm estimated that Amazon could generate $7.1 billion in sales from Kuiper by 2032 if it claims 30% of the market.
“With Starlink’s solid early growth, our estimates could be conservative,” the analysts wrote.
The price of bitcoin was last down 2.8% at $116,516.00, according to Coin Metrics. That marks a pullback from the day’s high of $120,481.86.
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The drop comes on the heels of multiple crypto-related bills failing to overcome a procedural hurdle in the House, with 13 Republicans voting with Democrats to block the motion in a 196-223 vote.
Stocks linked to crypto also came under pressure in late afternoon trading. Shares of bitcoin miners Riot Platforms and Mara Holdings closed down 3.3% and 2.3%, respectively. Others like crypto trading platforms Coinbase slid 1.5%. All were under pressure in extended trading.