Latest News On AI In Policy & Regulation | Page 7

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Stay informed with insights sorted by the date they surfaced.

25 May 2026

ECB warns eurozone banks to accelerate defenses against AI-powered cyberattacks from Mythos

The European Central Bank is pushing eurozone banks to rapidly strengthen their cybersecurity posture against AI-assisted cyberattacks, particularly from Anthropic's Mythos model. ECB Vice-Chair Frank Elderson warns that lack of access to Mythos is no excuse for inaction, as banks must prepare for AI tools that can exploit software vulnerabilities within minutes of patches being released.

5 Sources

Pope Leo XIV releases major AI encyclical calling for 'disarmament' of artificial intelligence

Pope Leo XIV unveiled Magnifica Humanitas, his first encyclical addressing artificial intelligence. The 40,000-word document calls for AI to be 'disarmed' from monopolistic control and warns against autonomous weapons, neo-colonial data collection, and concentration of power. Presented alongside Anthropic co-founder Chris Olah, the encyclical updates Catholic social teaching for the AI age.

87 Sources

24 May 2026

AI Hallucinations Infiltrate Research Papers as 146,000 Fake References Enter Scientific Record

A crisis in academic integrity is unfolding as AI hallucinations contaminate scientific literature at an alarming rate. Over 146,000 fabricated references generated by AI tools entered research papers in 2025 alone, with the vast majority bypassing peer review. The surge has sparked heated debate after arXiv announced bans for authors who fail to verify AI-generated citations, prompting backlash from academics who argue the policy is too strict.

3 Sources

NYC Comptroller warns AI could eliminate 110,000 jobs as city 'sleepwalks' into technological shift

New York City Comptroller Mark Levine released a report warning that artificial intelligence could cost the city up to 110,000 private sector jobs by 2027 in a worst-case scenario. The official criticized city leaders for doing almost nothing to prepare for this radical transformation, urging immediate fiscal preparation including expanding the rainy day fund and protecting infrastructure against AI-powered threats.

2 Sources

23 May 2026

AI recreate voices of dead pilots from crash docs, forcing NTSB to suspend public database access

Internet users employed AI tools to re-create dead pilots' voices from the fatal UPS flight 2976 crash using publicly available spectrograms. The National Transportation Safety Board suspended access to its accident investigation database after the AI-generated audio circulated online, raising urgent questions about privacy protections in an era where federal law meets rapidly advancing technology.

4 Sources

22 May 2026

Sadiq Khan Blocks £50m Palantir Met Police Contract Amid Procurement and Ethics Concerns

London Mayor Sadiq Khan blocked a £50m contract between the Metropolitan Police and US tech firm Palantir, citing procurement rule breaches and value-for-money concerns. The decision has sparked fierce debate within Labour, with Palantir's UK chief accusing Khan of prioritizing politics over public safety while MPs defend the move as protecting London's values.

3 Sources

Congress Debates Bank Secrecy Act Overhaul as AI Fraud Surges 500% and Crypto Demands Reform

The House Financial Services Subcommittee heard testimony on modernizing the Bank Secrecy Act for the digital age. Crypto executives and policy experts clashed over whether to reform or repeal the 1970 law as AI-enabled scams surged 500% and illicit funds now move across wallets within 24 to 48 hours. Witnesses agreed AI in transaction monitoring is essential but disagreed on reducing reporting requirements.

2 Sources

Cox Media Group pays $880K for falsely claiming AI could tap devices for ad targeting

Cox Media Group will pay $880,000 to settle FTC allegations that it falsely advertised an AI-powered Active Listening service capable of capturing voice data from smart devices for ad targeting. The FTC found the company was actually reselling email lists from data brokers at a markup, not listening to consumer conversations as claimed.

3 Sources

21 May 2026

Trump administration expands its use of AI to hunt for healthcare fraud across federal programs

The Department of Health and Human Services announced a new AI-powered initiative to detect fraud and waste in health programs across all 50 states. The AERO program will use ChatGPT and other AI tools to analyze years of audit reports from Medicaid, Medicare, and federal grantees, marking a shift from reactive oversight to real-time screening of billions in federal health spending.

5 Sources

FBI Arrests Two Men for AI Deepfake Porn Under New Take It Down Act

Federal prosecutors charged Cornelius Shannon, 51, and Arturo Hernandez, 20, with creating AI-generated nudes of celebrities and private citizens under the Take It Down Act. The arrests mark the earliest enforcement of the bipartisan law targeting nonconsensual sexualized deepfakes, with content viewed over 2 million times online.

7 Sources

Trump cancels AI executive order signing after tech CEOs skip event and industry pushback

President Trump abruptly canceled an AI executive order just hours before signing, initially due to tech CEOs not attending the event. The order would have allowed voluntary government testing of frontier AI models up to 90 days before release. Industry pressure from Elon Musk, Mark Zuckerberg, and former AI advisor David Sacks reportedly influenced the decision, with concerns that even voluntary AI safeguards could slow innovation and hurt US leadership in AI against China.

29 Sources

Gavin Newsom signs executive order to combat AI job displacement in California

California Governor Gavin Newsom issued the first-of-its-kind executive order mandating state agencies to explore labor policy overhauls addressing AI job displacement. The order examines subsidies for companies that retain workers, expanded workforce training for white-collar roles, and universal basic income alternatives as Meta cuts 8,000 jobs citing AI efficiency gains.

7 Sources

Trump administration seeks to supercharge US AI exports with billions in EXIM financing

The Trump administration has launched a major initiative to underwrite US AI exports with billions in federal financing through the Export-Import Bank. The ExportAI Initiative aims to expand American AI leadership globally by providing loan guarantees and direct loans for foreign purchases of US-built full-stack AI packages, positioning the US to compete with China in the global AI race.

2 Sources

Taiwan launches first major crackdown on Nvidia chip smuggling to China as Jensen Huang urges compliance

Taiwan authorities have detained three suspects in the island's first formal semiconductor smuggling crackdown, targeting illegal exports of Nvidia AI chips to China through forged documents. The investigation connects to a larger $2.5 billion smuggling network involving Super Micro Computer servers, prompting Nvidia CEO Jensen Huang to call for stronger export control compliance from partners.

7 Sources

Manus founders seek $1 billion to reverse Meta acquisition after Chinese regulatory block

Manus co-founders are exploring a $1 billion funding round to buy back their AI startup from Meta after China ordered the unwinding of the $2 billion-plus acquisition. The move highlights escalating US-China tech tensions and Beijing's willingness to enforce investment rules on companies with Chinese origins, even those relocated to Singapore.

2 Sources

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