UK to Spend More Than £100m to Tackle Challenges Posed by AI
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Prime Minister Rishi Sunak will invest more than £100 million ($125 million) to help regulators and universities tackle challenges around artificial intelligence, as part of his government’s efforts to make the UK a global leader in the emerging technology.
Almost £90 million will be used to launch nine new research hubs at universities across the UK, the government said, as well as a partnership with the US on the responsible use of AI. The plan will be set out in its response to a consultation on AI regulation to be published Tuesday, and will also include £10 million of funding for regulators and £19 million will be spent on 21 projects to develop machine-learning technologies to drive productivity.