November 5, 2018

The Government says that the announcement in the Chancellor’s Budget builds on the Government’s “AI Sector Deal”, worth up to almost £1 billion and launched earlier this year.

Working with the Alan Turing Institute, up to £50 million will be invested in new Turing AI Fellowships to help bring the best global researchers in AI to the UK.  The Government says that the funding will allow the UK to attract, retain and develop world-leading research talent.

The Government says that AI technologies offer the potential to drive productivity up by up to 25% by 2035. Investing in leading academic talent will secure the UK’s international competitiveness and help to ensure the UK has the necessary skills and talent to reap the potential benefits that AI offers across all sectors.

Also announced in the Budget was a new review between the Office for AI and Government Digital Service on how the Government can use AI in new ways to drive improvements in public services and bring wider economic benefits.

The details of the programme will be finalised over the next few months with a view to the first Fellows being in place by Autumn 2019.  To read the Government’s press release in full, click here.