UK Government commissions report into impact of AI in financial services
The Economic Secretary to the Treasury has commissioned the Financial Services Skills Commission (FSSC) to conduct research on…
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China bans foreign AI chips in state-funded data centres amid US tensions, sources say
It is reported that, according to inside sources, the Chinese government has issued guidance requiring new data centre…
MeitY unveils India AI governance guidelines to ensure safe, inclusive and responsible AI adoption
India’s Ministry of Electronics and Information Technology (MeitY) has unveiled the India AI Governance Guidelines under the IndiaAI…
South Korea President unveils record annual budget, emphasizes AI as national priority
It is reported that President Lee Jae Myung has unveiled a record 728 trillion won ($525 billion) budget…
US approves Microsoft licence to export AI chips to UAE
It is announced through Microsoft’s official press release that the US government has granted Microsoft a license to…
China offers tech giants cheap power to boost domestic AI chips
It is reported that China has increased subsidies, reducing energy bills by up to 50% for major data…
EU Commission eyes codifying ‘legitimate interest’ as legal basis for AI training
It is reported that the European Commission is in advanced talks to propose formally recognizing “legitimate interest” as…
South Korea President seeks approval on record annual budget, emphasizes AI as national priority
It is reported that President Lee Jae Myung has called on the National Assembly to approve a record…
Hungary sets legal framework for responsible AI
It is reported that Hungary has enacted its first Artificial Intelligence Act, known as Act LXXV of 2025,…
India to introduce new AI law modelled on IT Act
It is reported that India’s Ministry of Electronics and Information Technology (MeitY) plans to introduce a comprehensive AI…