UK to invest hundreds of millions in AI development, chancellor says
Britain will commit substantial funding to develop its own approach to artificial intelligence, the chancellor announced ahead of the budget.
At a glance
- UK government to commit hundreds of millions of pounds to AI development
- Investment aims to create a distinctively British approach to the technology
- Funding intended to bolster national security and economic prosperity
- Announcement to be made in the upcoming budget
The UK government plans to invest hundreds of millions of pounds in artificial intelligence as part of efforts to strengthen the country's security and economic prosperity. The chancellor said the investment would support development of a distinctively British approach to AI technology.
The commitment comes as governments worldwide compete in what officials describe as an accelerating global technology arms race. The funding is expected to be announced in the upcoming budget.
Why it matters
Nations are competing intensely in artificial intelligence development as the technology becomes increasingly central to economic and security interests globally.
Original reporting
- The Guardian — WorldJohn Healey pledges to use budget to harness power of AI to bolster Britain’s security
- The Guardian — BusinessJohn Healey pledges to use budget to harness power of AI to bolster Britain’s security
This brief was written with AI assistance from the reports listed above and checked against our editorial policy. Spotted an error? Request a correction.