Monday 30th April, 2018
The government has published its Sector Deal for Artificial Intelligence a major collaboration with industry to secure the UK’s global leadership in AI and data.
This Sector Deal is the first commitment from government and industry to realise this technology’s potential, outlining a package of up to £0.95 billion of support for the sector.
The UK was recently ranked first among OECD countries in Oxford Insights’ AI Government Readiness Index and is home already to globally-recognised AI companies.
This success is supported by the UK’s strong combination of world-leading universities that drive skills and R&D; a thriving venture capital market for AI that leads among economies of comparable scale; and trusted universal public institutions like our NHS that can pioneer data-driven innovation and connect the power of AI to the public good.
The Sector Deal sets out actions to promote the adoption and use of AI in the UK and delivers on the recommendations of the independent AI review led by Professor Dame Wendy Hall and Jérôme Pesenti.
It also includes the creation 200 additional PhDs in AI and related disciplines per annum by 2020-21, rising to at least 1,000 Government-backed PhD places at any one time by 2025.
Part of the Sector Deal the University of Cambridge will make the UK’s fastest academic supercomputer - capable of solving the largest scientific and industrial challenges at breakneck speed - available to AI technology companies.
The government will invest £21m in Tech City UK over four years so it can expand into Tech Nation - thus transforming the UK from a series of standalone tech hubs into a powerful network that can place the nation firmly at the top of global tech rankings.