Britain Bets Big On AI With 100 Million Pound Investment To Boost Research & Regulation – News18

Last Updated: February 06, 2024, 09:16 IST

London, United Kingdom (UK)

Britain is betting big on AI. (Image: Reuters/Representative)

Britain is betting huge on AI. (Image: Reuters/Representative)

Nearly 90 million kilos would go in direction of the hubs, which can give attention to utilizing AI in areas together with healthcare, chemistry and arithmetic, and a partnership with the United States on accountable AI.

Britain on Tuesday stated it might spend greater than 100 million kilos ($125 million) to launch 9 new analysis hubs in synthetic intelligence (AI) and practice regulators in regards to the know-how.

“AI is moving fast, but we have shown that humans can move just as fast,” know-how minister Michelle Donelan stated in a press release. “By taking an agile, sector-specific approach, we have begun to grip the risks immediately.”

Nearly 90 million kilos would go in direction of the hubs, which can give attention to utilizing AI in areas together with healthcare, chemistry and arithmetic, and a partnership with the United States on accountable AI, the federal government stated.

Another 10 million kilos would assist regulators handle the dangers and harness the alternatives of AI, it stated, resembling growing sensible instruments to watch dangers in sectors from telecoms and healthcare to finance and schooling.

Britain hosted a global summit in November on AI security.

More than 25 international locations who attended signed the “Bletchley Declaration”, which focuses on figuring out dangers of shared concern and growing cross-country insurance policies to mitigate them.

(This story has been edited by News18 employees and is printed from a syndicated news company feed – Reuters)

Source web site: www.news18.com

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