U.K. government to invest £100M in AI hardware

Share post:

The U.K. government has announced a £100 million investment in AI hardware development, as part of its efforts to become a global leader in the field. The funding will be used to support the development of chips and other hardware that can be used to power AI applications, such as self-driving cars and medical diagnosis tools.

The investment is being made by the U.K. Research and Innovation (UKRI) agency, and will be used to support a range of projects, including the development of new AI chips, the creation of a national AI research facility, and the training of AI talent.

Amid limited semiconductor supply due to the pandemic and geopolitics, nations vie to be stable sources for essential chips used in AI tech. The U.K. is boosting AI by investing £100 million for specialized chips and an exascale supercomputer, alongside a prior £3.5 billion allocation including £1 billion for AI and supercomputing.

The U.K. is also scheduled to host an AI Safety Summit this fall, likely in November, to try to hash out standards for safe use of artificial intelligence, particularly frontier solutions, meaning future-looking machine learning models.

The sources for this piece include an article in TechRepublic.

Featured Tech Jobs

SUBSCRIBE NOW

Related articles

Microsoft and OpenAI partner to build a $100 Billion AI supercomputer “Stargate”

In a bold stride towards computational supremacy, Microsoft, in partnership with OpenAI, is reported to be laying the...

US Bill Aims to Unveil AI Training Data Sources Amid Copyright Concerns

In a significant move toward transparency, a bill was introduced in the US Congress on Tuesday by California...

AI presents an “extinction level threat” – US Gov’t Report: Hashtag Trending for Tuesday, March 12, 2024

A new US government report warns that AI presents an “extinction level threat to the human species. Elon Musk is outsourcing his Grok AI code. Hackers have breached the Cybersecurity and Infrastructure Security Agency in the US and a researcher shows how to steal a Tesla by leveraging a feature of the Tesla charging stations.

Robot startup uses ChatGPT to enhance its communications and reasoning skills

Humanoid robot startup Figure has secured a significant $675 million investment from a group of high-profile investors, including...

Become a member

New, Relevant Tech Stories. Our article selection is done by industry professionals. Our writers summarize them to give you the key takeaways