UK Makes Significant Investment of £100 Million to Enhance AI Research and Regulation
Britain announced on Tuesday it will spend more than 100 million pounds ($125 million) to set up nine new artificial intelligence (AI) research centers and train regulators about the technology.
“Artificial intelligence is moving fast, but we’ve shown that humans can move just as fast,” Technology Minister Michelle Donelan said in a statement. “By taking an agile, industry-specific approach, we have begun to address risks immediately.”
Almost £90m would go towards hubs focusing on the use of AI in sectors such as healthcare, chemistry and maths, as well as partnering with the US on responsible AI, the government said.
Another £10 million would help regulators address the risks of AI and harness its potential, including developing practical tools to monitor risks in sectors from telecoms and healthcare to finance and education.
Britain will host an international summit on artificial intelligence security in November.
More than 25 participating countries signed the “Bletchley Declaration”, which focuses on identifying risks of common concern and developing policies between countries to mitigate them.
