New York is buying a supercomputer to understand and regulate AI

Supercomputers have long been a mainstay of military and intelligence agencies, used for tasks ranging from cracking codes to designing nuclear weapons. They have many civilian uses as well, like predicting weather, creating new drugs and simulating the effect of crashes on auto designs. — Reuters

New York is seeking to procure a supercomputer to run artificial intelligence systems and gain a deeper understanding of the technology for more effective regulation.

“When I say the DFS is looking at AI and machine learning it’s not limited to how we evaluate private sector use of those tools,” said New York Department of Financial Services Superintendent Adrienne Harris at the Point Zero Forum for financial regulation in Zurich. She said the state is looking to obtain the hardware and hire professionals to run the programs.