The UK Prime Minister Rishi Sunak and Technology Secretary Michelle Donelan have pledged an initial £100 million to establish artificial intelligence foundation models to use across the economy. PM Rishi said; “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.”
Artificial Intelligence Foundation Models to Be Used in Different Departments
The government said the artificial intelligence foundation models could be used in healthcare, education, and other sectors. According to the UK government; “The investment will fund new government-industry taskforce to ensure sovereign capabilities and broad adoption of safe and reliable foundation models, helping cement the UK’s position as a science and technology superpower by 2030.”
This technology is also predicted to raise global GDP by 7 percent over a decade, making its adoption a vital opportunity to grow the UK economy. The Taskforce will work with the sector toward developing the safety and reliability of foundation models at a scientific and commercial level. Science, Innovation, and Technology Secretary Michelle Donelan said; “We need to act now to seize the opportunities AI can offer us in the future. We’re backing our expert taskforce with the funding to make our ambitions for an AI-enabled country a reality.”
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