UK Govt seals £1bn deal with businesses to boost AI industry

Posted on 26 Apr 2018 by Jonny Williamson

More than 50 businesses and organisations have contributed to the development of a £1bn deal to put the nation at the forefront of the AI industry, featuring almost £300m of new private sector investment.

The deal between government and industry includes more than £300m of newly allocated government funding for AI research – image courtesy of Depositphotos. The deal between government and industry also includes more than £300m of newly allocated government funding for AI research to make the UK a global leader in this…

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