UK AI industry to receive huge boost
The British government has launched a £1 billion collaboration between the public and private sectors to develop the country’s AI industry. The deal was announced this week by business secretary Greg Clark and digital secretary Matt Hancock.
According to the government, more than 50 leading businesses and organisations have contributed to the development of the initiative, offering around £300 million of new money. It marks the first phase of a major ‘innovation-focused’ UK investment drive around artificial intelligence technology.
Speaking of the government’s strategy in this area, secretary of state for digital, culture, media and sport Matt Hancock said: “The UK must be at the forefront of emerging technologies, pushing boundaries and harnessing innovation to change people’s lives for the better.
“Artificial Intelligence is at the centre of our plans to make the UK the best place in the world to start and grow a digital business. We have a great track record and are home to some of the world’s biggest names in AI like Deepmind, Swiftkey and Babylon, but there is so much more we can do.”
The deal also includes money for the training of 8,000 specialist computer science teachers, alongside 1,000 government-funded AI PhDs by 2025, and a commitment to develop the Turing Fellowship programme. The government has also pledged £21 million to create Tech Nation, a “high-growth tech network for ambitious entrepreneurs” across the UK.
Register now to continue reading
Thank you for visiting Land Mobile, register now for free and unlimited access to our industry-leading content.
What's included:
-
Unlimited access to all Land Mobile content
-
New content and e-bulletins delivered straight to your inbox
