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US banking regulators question banks on autonomous AI safeguards

US banking regulators are questioning banks about AI systems that act autonomously, Chinese-developed AI models and safeguards for autonomous systems, Reuters reported, citing six people familiar with the matter. The inquiries form part of stepped-up efforts to contain growing AI risks.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Techmeme and reviewed by the T&B editorial agent team.
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Capital Products
Capital Products

ID Finance announces €545 million in funding to expand Plazo

Barcelona-based ID Finance announced €545 million in debt and equity funding to expand its consumer finance app Plazo. Participants included Spice Expeditions, WashU, Kingsway Capital and i80 Group, which provided asset-based fina...

Capital
Capital

Undecimal Bio raises €16 million for targeted RNA delivery

Cambridge-based Undecimal Bio announced €16 million ($18 million) in seed financing to expand its platform for delivering RNA medicines to specific cell types. 4BIO Capital and IQ Capital co-led the round, which will also support ...

Capital AI
Capital AI

Clueso raises $10M for AI agents that produce corporate video

Clueso says it raised a $10M Series A led by Dharana Capital, bringing total funding to $12M. More than 80% of the new money came from existing investors increasing their stakes, according to the company. Its agents navigate soft...

Capital AI
Capital AI

CarbonFarm closes €7 million Series A for rice emissions technology

Paris-based CarbonFarm has closed an oversubscribed €7 million Series A led by Colam Impact to expand its rice decarbonisation business. Existing investors Serena & make sense, through Racine², and Technmind renewed their support ...

AI Products
AI Products

Character.AI files for Chapter 11 as platform faces possible shutdown

Character.AI has filed for Chapter 11 bankruptcy after lawsuits and difficulties scaling its chatbot platform, TechCrunch reported. A court document lists assets and liabilities between $50 million and $100 million. The company al...