Doubling of Funding for Alan Turing Institute to Boost UK's Artificial Intelligence Sector

Monday, 4 March 2024, 22:30

Chancellor to announce a significant boost to Britain's AI sector with a £100m funding increase for the Alan Turing Institute. Despite fiscal constraints, the government aims to support research and innovation in artificial intelligence over the next five years.
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Doubling of Funding for Alan Turing Institute to Boost UK's Artificial Intelligence Sector

Boosting Britain's AI Sector

Jeremy Hunt is set to double the funding for the Alan Turing Institute in a move to enhance the UK's artificial intelligence capabilities. The announcement comes as the government seeks to strengthen research and development in AI.

Financial Injection

The £100 million injection over five years signals a long-term commitment to nurturing the country's AI sector, despite budgetary constraints. The funding is aimed at advancing data science and AI technologies for economic growth and competitiveness.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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