England Prime Minister Rishi Sunak has announced a £100m ($124m) fund and a special task force to increase the country's capability in the field of artificial intelligence (AI). According to a statement from the British government, the £100m has been designated as seed funding to accelerate work in the AI sector.
The special task force to be established will work to develop safe and trustworthy AI use throughout the country and to ensure that the UK remains competitive in this technology globally.
Speaking about the initiative, UK Prime Minister Rishi Sunak said that the £100m seed fund had been created to accelerate work in the AI sector, and that investments in this area would help the UK contribute to the goal of becoming a science and technology superpower by 2030.
Sunak emphasized the opportunities offered by AI to grow the economy, create better-paying jobs, and create a better future with advancements in healthcare and security. He said, "By investing in emerging technologies through our new expert committee, we can make AI part of a more innovative UK economy."