[It is reported that the British government is studying a mandatory safety reporting mechanism for advanced AI models] October 12th, according to media reports, the British government is formulating plans to mandate safety reporting and monitoring of cutting-edge artificial intelligence. Kanishka Narayan, the minister responsible for the technology, will say in a speech on Monday that companies that are building increasingly powerful AI models that operate autonomously must do more to address risks and build in safeguards. Narayan will warn that the government is preparing legislation to tighten regulation of the rapidly developing technology. Ministers hope the technology will improve economic growth prospects, although it also poses risks to security and jobs.