On Monday, the United Kingdom announced 100 million pounds ($124.5 million) in initial financing for a taskforce to assist in the development of foundation models – a type of artificial intelligence utilized by chatbots such as ChatGPT – for use in domains such as healthcare and education.
“Harnessing the potential of AI provides enormous opportunities to grow our economy, create better-paid jobs, and build a better future through advances in healthcare and security,” British Prime Minister Rishi Sunak said.
“By investing in emerging technologies through our new expert taskforce, we can continue to lead the way in developing safe and trustworthy AI as part of shaping a more innovative UK economy.”
