UK financial regulator partners with Nvidia in AI ‘sandbox’

Financial firms in Britain will be able to test artificial intelligence tools later this year in a regulatory “sandbox” launched on Monday by the country’s financial watchdog, part of a broader government strategy to support innovation and economic growth.

The Financial Conduct Authority (FCA) has partnered with U.S. chipmaker Nvidia to provide access to advanced computing power and bespoke AI software through what it calls a “Supercharged Sandbox.”

A sandbox refers to a controlled environment where companies can test new ideas such as products,…