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UK developments
These events are UK developments
International developments
These events are international developments
Technological developments
These events are technological developments
2024
May
British AI company Wayve secures over $1 billion investment to develop AI for self-driving vehicles.
Regulators’ strategic approaches to AI published (as requested in February) to inform adaptive approach to AI.
Strategic framework between UK and Canada released.
AI Safety Institute releases new AI safety evaluations platform to test AI safety.
UK government co-hosts AI Seoul Summit with the Republic of Korea on 21-22 May.
16 international tech companies sign up to the new ‘Frontier AI Safety Commitments’.
April
UK & US announce partnership on science of AI safety to develop tests for the most advanced AI models.
New laws to protect consumers and businesses from hacking and cyber-attacks come into force.
House of Commons releases Creator Remuneration report which recommends measures to compensate creators for use of their work by AI developers.
March
Eight projects awarded £1.73 million to develop and scale up AI technology to support the UK’s green transition.
G7 nations sign agreement to unite and harness AI for global productivity and economic growth, seeking regulatory alignment.
EU passes Artificial Intelligence Act, the world’s first comprehensive AI law.
Infrastructure and Projects Authority (IPA) publishes a new framework which sets out how AI will be harnessed to boost productivity in public project delivery.
Ofcom publishes strategic approach to AI 2024/25.
February
Government publishes response to the AI regulation white paper.
UK AI Safety Institute releases third progress report.
AI identified as one of the “five critical technologies” in the UK Science and Technology Framework published to grow the innovation ecosystem by 2030.
Initial ‘voluntary’ guidance for regulators published to support them to implement the UK’s pro-innovation AI regulatory principles.
Secretary of State sets out request for regulators publish an update on their strategic approach to AI by 10 April 2024.
House of Lords, Communications and Digital Committee releases report on Large Language Models and Generative AI.
January
Government launches new AI Opportunity Forum to aid adoption of AI in the private sector.
ICO launches consultation series on generative AI and data protection.
2023
November
AI Safety Summit - Bletchely Declaration.
Artificial Intelligence (Regulation) Bill given its 1st reading in the House of Lords.
October
DSIT launches discussion paper on the capabilities or, and risks from, frontier AI.
Biden issues Executive Order on AI safety.
March
Government publishes AI Regulation White Paper with the stated ambition for the UK to become an AI superpower.
Data Protection and Digital Information Bill is given its 1st reading in the House of Commons
Chat GPT - 4 launched.
2018 - 2021
April 2021
European Parliament proposal of rules on Artificial Intelligence (AI Act).
June 2020
Chat GPT -3 launched.
February 2019
Chat GPT – 2 launched.
June 2018
Chat GPT – 1 launched.
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Fostering innovation
Innovation is about the art of the possible. Our fostering innovation campaign explores how innovation can secure the future of the insurance industry and the businesses it serve. This page provides a series of thought leadership content to help you navigate the issues.
