UK investing more than 14 billion in AI technology– While the dominance of AI is increasing in the global market, investment in AI is going to be made from the government level in the UK. The British government has recently announced an investment of 100 million euros (14 billion 39 million 10 million rupees) for the development and promotion of AI technology.
The government plans to increase this investment in the future. The government has decided to establish a foundation model task force in the country by spending that amount. This task force is said to develop AI technology that will enable the UK to compete in the global AI market. The task force will collaborate with both private and government parties working in this field.
It is said that this task force will work under the British Prime Minister and Minister of Technology. The UK already has a strong hold in the field of AI. Google’s UK-based DeepMind is working on cutting-edge AI research.
With the US-based OpenAI developing ChatGPT, many companies are developing different AI technologies. Meanwhile, in Britain, there is going to be investment from the government level.
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