Britain invests 100 million pounds in AI research and regulation

LONDON: Britain on Tuesday said it would spend more than 100 million pounds ($125 million) to launch nine new research hubs in artificial intelligence (AI) and train regulators about the technology.

“AI is moving fast, but we have shown that humans can move just as fast,” technology minister Michelle Donelan said in a statement. “By taking an agile, sector-specific approach, we have begun to grip the risks immediately.”

Nearly 90 million pounds would go towards the hubs, which will focus on using AI in areas including healthcare, chemistry and mathematics, and a partnership with the United States on responsible AI, the government said.