The conjunction of UKRI (UK Research and Innovation), a British funding agency and 300 private and public partners has created a sum of more than €200 million (approximately, US$266 million) in funds to push the creation of a new age of AI leaders. According to the press release presented by UKRI, this fund will sponsor postgraduate training that will lead to the building of 1000 new research and business leaders. This will also ensure that the UK leads the AI global revolution.
New Centres for Doctoral Training
The money pot of €200 million includes a total €100 million funding from UKRI with a budget of €6 billion which would provide a common platform to country’s seven national research councils, the national innovation agency Innovate the UK, and the university research and knowledge exchange Research England. The remaining finance will include €78 million in form of contribution from industrial and public partners including AstraZeneca, Google, Rolls-Royce and the U.K. National Health Service (NHS), and €23 million from 14 partner universities.
This money will be considered to stand up 16 new doctoral training centers placed at the partner universities. These centers will promote AI on their own in various sectors and undertakings such as foundational AI research, applications in health care, diagnostics and biomedicine, environmental sustainability, speech and language, machine learning and advanced computing, Nano-electronic devices, and systems, and music as well.
This will also promote ethical and human dimensions of AI where centers have planned for doctoral training in the following:
• Accountable, Responsible and Transparent AI
• Human-Machine Interaction
• Development of safe and trusted AI
The move of such funding exhibits the sight of the UK in context to AI and its power using disruptive technologies. Jeremy Wright, the country’s Secretary of State for Digital, Culture, Media, and Sport, said – “U.K. is not only the birthplace to the father of artificial intelligence, Alan Turing, but we are leading the way on work to ensure AI innovation has ethics at its core … We want to keep up this momentum and cement our reputation as pioneers in AI.”
U.K. secretary of state for Business, Energy and Industrial Strategy, Greg Clark focusing on AI’s wide economic influence asserted – “Artificial intelligence has great potential to drive up productivity and enhance every industry throughout our economy, from more effective disease diagnosis to building smart homes. Today’s announcement is our modern industrial strategy in action, investing in skills and talent to drive high-skilled jobs, growth, and productivity across the U.K.”