| Link(s): | Supercharged Sandbox | FCA |
Context
The FCA has updated its Supercharged Sandbox web page to announce that applications are now open for Cohort 2 of its Supercharged Sandbox. The Supercharged Sandbox is a cohort-based programme designed to help firms experiment, test and develop AI use cases in financial services. It provides firms with a secure, controlled environment to experiment with advanced AI technologies.
Key points to note and next actions
Participants operate within a secure cloud environment, with access to graphics processing unit (GPU)-enabled infrastructure, high-quality datasets and expert support, helping them to develop and test AI solutions rapidly.
The programme is designed to help firms:
- Develop and test innovative AI-driven solutions.
- Build evidence and understanding through experimentation.
- Accelerate the journey from concept to deployment.