Tech sector backs British AI industry with multi million pound i

£1 billion deal to put the nation at the forefront of the artificial intelligence industry.

More than 50 leading technology companies and organisations have contributed to the development of an AI Sector Deal worth almost £1 billion, including almost £300 million of private sector investment into UK sector
1,000 new government funded AI PhDs will keep the UK at the forefront of innovation and build UK status as AI research hotspot

More than 50 leading businesses and organisations have contributed to the development of a £1 billion deal to put the nation at the forefront of the artificial intelligence industry, featuring almost £300 million of new private sector investment.

Building on the commitment made in the government’s modern Industrial Strategy and its AI Grand Challenge, the deal marks the first phase of a major innovation-focused investment drive in AI which aims to help the UK seize the £232 billion opportunity AI offers the UK economy by 2030 (10% of GDP).

For more information visit https://bit.ly/2vOPBAj