The Business Times

Britain sets up £100 million taskforce to drive AI

    • “Harnessing the potential of AI provides enormous opportunities to grow our economy, create better-paid jobs, and build a better future through advances in healthcare and security,” British Prime Minister Rishi Sunak said.
    • “Harnessing the potential of AI provides enormous opportunities to grow our economy, create better-paid jobs, and build a better future through advances in healthcare and security,” British Prime Minister Rishi Sunak said. PHOTO: REUTERS
    Published Mon, Apr 24, 2023 · 08:25 PM

    BRITAIN on Monday (Apr 24) announced £100 million (US$124.5 million) in initial funding for a taskforce to help develop foundation models – a type of artificial intelligence (AI) used by chatbots like ChatGPT – for use in fields like healthcare and education.

    “Harnessing the potential of AI provides enormous opportunities to grow our economy, create better-paid jobs, and build a better future through advances in healthcare and security,” British Prime Minister Rishi Sunak said.

    “By investing in emerging technologies through our new expert taskforce, we can continue to lead the way in developing safe and trustworthy AI as part of shaping a more innovative UK economy.” REUTERS

    UK economyArtificial IntelligenceRishi Sunak

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