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Prime Minister Keir Starmer on Monday unveiled a strategy to make Britain a global artificial intelligence superpower. The strategy focuses on plans to simplify data centre construction and expand public computing capacity. Key initiatives include creating artificial intelligence "growth zones" with streamlined approval processes and building a national supercomputer. The government will also maintain a "pro-innovation" approach to regulation, relying on existing industry regulators rather than ...
The Federal Reserve's top regulatory official, Michael Barr, announced Monday that he will step down in the coming weeks, clearing the way for President-elect Trump to reshape federal banking regulation. Barr, who has served as the Fed's vice chairperson for regulation since 2022, said he would step down on Feb. 28 or earlier if a successor is confirmed. He said he would continue as a federal...
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