Palantir extends reach into British state as it gets access to sensitive FCA data

Palantir is to be granted access to a trove of highly sensitive UK financial regulation data, in a deal that has prompted fresh concerns about the US AI company’s deepening reach into the British state, the Guardian can reveal.The Financial Conduct Authority (FCA) has awarded Palantir a contract to investigate the watchdog’s internal intelligence data in an effort to help it tackle financial crime, which includes investigating fraud, money laundering and insider trading.The Miami-based company, co-founded by the billionaire Donald Trump donor Peter Thiel, has been appointed for a three-month trial, paying more than £30,000 a week to analyse the FCA’s vast “data lake”, which could lead to a full procurement of an AI system.The deal is part of the FCA’s drive to use digital intelligence to better focus resources on rule-breaking among the 42,000 financial services firms it regulates, from major banks to crypto exchanges.There was only one other, unnamed competitor for the contract

‘Thank God they’re still alive’: Kaiser therapists claim its new screening system puts patients at higher risk by delaying their care

Ilana Marcucci-Morris is worried about the patients she treats and how long it took for them to arrive in her office. At Kaiser Permanente’s psychiatry outpatient clinic in Oakland, California, she says she increasingly finds herself assessing people experiencing more severe mental health issues than two years ago. For those who do make it to their appointments, she thinks: “Thank God they’re still alive.”It wasn’t always this way, according to Marcucci-Morris, a licensed clinical social worker. Licensed professionals used to almost always be the first point of contact for patients with behavioral health issues at Kaiser, she said

US man pleads guilty to defrauding music streamers out of millions using AI

A North Carolina man has pleaded guilty to defrauding music streaming platforms and his fellow musicians out of millions in royalties by flooding the services with thousands of AI-generated songs – and using automated “bots” to artificially boost the number of listens into the billions.As part of a deal with federal prosecutors in New York’s southern district, 52-year-old Michael Smith pleaded guilty on Friday to conspiracy to commit wire fraud.The case against the Cornelius, North Carolina, resident is one of the first successful prosecutions of AI-related fraud in the music business, which is being hammered by fake music that threatens to swamp streaming services and deprive earnings from human musicians and copyright holders.“Michael Smith generated thousands of fake songs using artificial intelligence and then streamed those fake songs billions of times,” US attorney Jay Clayton said in a statement.“Although the songs and listeners were fake, the millions of dollars Smith stole was real

Thousands of people are selling their identities to train AI – but at what cost?

One morning last year, Jacobus Louw set out on his daily neighborhood walk to feed the seagulls he finds along the way. Except this time, he recorded several videos of his feet and the view as he walked on the pavement. The video earned him $14, about 10 times the country’s minimum wage, or for Louw, a 27-year-old based in Cape Town, South Africa, half a week’s worth of groceries.The video was for an “Urban Navigation” task Louw found on Kled AI, an app that pays contributors for uploading their data, such as videos and photos, to train artificial intelligence models. In a couple of weeks, Louw made $50 by uploading pictures and videos of his everyday life

How the FBI can conduct mass surveillance – even without AI

The FBI declares it can conduct mass surveillance without AI, despite Anthropic’s protest.A central part of the standoff between Anthropic and the Department of Defense has revolved around the artificial intelligence firm’s refusal to allow its technology to be used for mass domestic surveillance. Yet even without the cooperation of AI firms, remarks this week from Kash Patel, FBI director, show how authorities are by any reasonable measure already operating a system that can surveil citizens at scale.On Wednesday, Patel confirmed to a Senate intelligence committee hearing that the FBI is actively buying commercially available data on Americans. Patel’s answer, which was under oath, was in response to a question from senator Ron Wyden on whether the agency was purchasing location data on citizens, as it had previously admitted to doing in 2023

Musk responsible for Twitter investors’ stock dropping when he bought company, jury rules

A California jury has ruled that Elon Musk is responsible for Twitter investors’ stock plummeting when he sought to buy the social media platform for $44bn in 2022. Jurors handed the win to a group of investors who sued the billionaire saying he publicly disparaged the company with the aim of bringing down Twitter’s stock price to get a better bargain.The trial, which began earlier this month in federal court in San Francisco, focused on whether Musk intended to move the market with his comments. During a six-month period in 2022, after his offer to buy Twitter, he posted constantly to his millions of followers that the social network was rife with bots that produced spam and created fake accounts.Musk did eventually buy Twitter for $54