Bipartisan bill seeks to promote AI in financial services via sandbox

The legislation seeks to create “a safe space for experimentation with artificial intelligence in the financial services industry.”

Bipartisan, bicameral legislation that would promote Artificial Intelligence (AI) in financial services through regulatory sandboxes for AI test projects at federal financial regulatory agencies has been introduced.

As the preface to the bill states: It would create an “AI Innovation Labs that permits certain persons to experiment with artificial intelligence

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