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BoE warns of financial risks from AI-related tech bets

Cyprus Mail 11 July 2026, 07:40
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BoE warns of financial risks from AI-related tech bets
The Bank of England said this week that artificial intelligence poses a growing threat to financial stability, as investors bet heavily it will prove ​a success while the technology increases banks’ vulnerability to cyberattacks. In a half-yearly assessment of ‌risks to Britain’s financial system, the central bank said previous risks it had identified from stretched […]