Business
Britain sets up $125 mln taskforce to drive AI for use in healthcare, education
Britain on Monday announced 100 million pounds ($124.5 million) in initial funding for a taskforce to help develop foundation models — a type of artificial intelligence used by chatbots like ChatGPT — for use in fields like healthcare and education.
“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,” British Prime Minister Rishi Sunak said.
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“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.”
Read more: Explainer: What is Generative AI, the technology behind ChatGPT?