The July 2026 Mills Review urged UK authorities to evaluate whether large language models like ChatGPT, Claude, and Gemini should be subjected to financial regulations.

Laws, policy, and litigation shaping how AI can be built and deployed.

Large language models (LLMs) are advanced AI systems trained on massive text datasets to understand, generate, and reason about human language, powering applications such as chatbots, code generation, summarization, and scientific discovery.