UK to Set Up AI Safety Institute, PM Sunak Says ahead of Summit

Artificial Intelligence words are seen in this illustration taken March 31, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
Artificial Intelligence words are seen in this illustration taken March 31, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
TT

UK to Set Up AI Safety Institute, PM Sunak Says ahead of Summit

Artificial Intelligence words are seen in this illustration taken March 31, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
Artificial Intelligence words are seen in this illustration taken March 31, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

Britain will set up the world's first artificial intelligence safety institute, Prime Minister Rishi Sunak said on Thursday, ahead of a global summit next week that he has convened to examine the risks of the technology.
The institute will "examine, evaluate and test new types of AI so that we understand what each new model is capable of, exploring all the risks from social harms like bias and misinformation through to the most extreme risks," he said.
Britain is bringing together AI companies, political leaders and experts at Bletchley Park on Nov. 1-2 to discuss what some see as an existential danger posed by AI, with an aim of building an international consensus on its safe development, Reuters said.
Sunak wants Britain to be a global leader in AI safety, carving out a role after Brexit between the competing economic blocs of the United States, China and the European Union.
Around 100 participants will discuss subjects including the unpredictable advances of AI and the potential for humans to lose control of it, according to the agenda.
Sunak said that while AI will boost economic growth, advance human capability and solve problems once thought beyond us, it also brings new dangers and new fears.
"The responsible thing for me to do is to address those fears head on, giving you the peace of mind that we will keep you safe, while making sure you and your children have all the opportunities for a better future that AI can bring," he said.
The UK government has published a report on "frontier" AI, the cutting-edge general-purpose models that the summit will focus on.
The report will inform discussions about risks such as societal harms, misuse and loss of control, the government said.
US Vice President Kamala Harris and Google DeepMind CEO Demis Hassabis are on the guest list next week.
China is expected to attend, deputy Prime Minister Oliver Dowden said on Thursday, while European Commission Vice President Vera Jourova has received an invitation.
Leaders of the Group of Seven (G7) economies, comprising Canada, France, Germany, Italy, Japan, Britain, the United States and the European Union, in May called for adoption of standards to create trustworthy AI and to set up a ministerial forum dubbed the Hiroshima AI process.



Microsoft Rejigs Reporting on Business Units, Offers Clarity on AI Benefits

A Microsoft logo is seen in Los Angeles, California US November 7, 2017. (Reuters)
A Microsoft logo is seen in Los Angeles, California US November 7, 2017. (Reuters)
TT

Microsoft Rejigs Reporting on Business Units, Offers Clarity on AI Benefits

A Microsoft logo is seen in Los Angeles, California US November 7, 2017. (Reuters)
A Microsoft logo is seen in Los Angeles, California US November 7, 2017. (Reuters)

Microsoft on Wednesday restructured how it reports results for its business units, moving some search and news advertising revenue under the Azure cloud-computing unit as the tech giant looks to offer investors a clearer picture on AI contributions.

The company said revenue from the AI and speech technology services that its Nuance unit offers would now come under its productivity business - home to the Office suite of apps - instead of the intelligent cloud division.

The rejig will allow Microsoft to align the reporting structure with how its businesses are managed, it said.

As a result, the company restated revenue growth at its divisions for the last fiscal year and revised its forecast for July-September quarter.

Big tech companies, including Microsoft and Google, are facing investor pressure to show that the billions of dollars they have been investing in AI infrastructure would pay off, Reuters reported.

Microsoft is one of the few big companies that break out AI contributions in their quarterly earnings, as most firms are yet to see a big boost from AI investments.

The Windows maker reported last month AI provided a bigger boost to Azure in the June quarter, even as overall business slowed. Microsoft expects Azure's growth to accelerate in the second half of fiscal 2025.

The company expects intelligent cloud revenue to be between $23.80 billion and $24.10 billion in the first quarter, compared with its prior expectations of $28.6 billion and $28.9 billion.

Quarterly revenue at its personal computing segment is expected between $12.25 billion and $12.65 billion, compared with its earlier view of $14.9 billion and $15.3 billion, after the company moved some units from the business to the productivity division.

Productivity and business processes revenue is expected to be between $27.75 billion and $28.05 billion, compared with $20.3 billion and $20.6 billion previously.