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Britain creates $125 mln taskforce to drive AI

Britain creates $125 mln taskforce to drive AI

On Monday, the UK announced that it will give a taskforce that will aid in the creation of foundation models an initial budget of 100 million pounds ($124.5 million). Chatbots like ChatGPT use foundation models, a type of artificial intelligence. Industries including healthcare and education will use these models.

Rishi Sunak, the prime minister of Britain, stated that “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,”

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.”

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