A Microsoft report reveals that delaying the rollout of AI in the U.K. by five years could result in an economic loss of over £150 billion. The report emphasizes the importance of the U.K. capitalizing on AI technology to boost its economy, businesses, and job market. The country currently ranks second globally in AI adoption, highlighting the need to act swiftly to maintain this position.
The report identifies key factors hindering the U.K.'s full utilization of AI, such as low compute capacity, delays in infrastructure development, and a lack of digital skills among businesses. By fully embracing AI and cloud technologies, the U.K. could potentially increase its GDP by more than £550 billion by 2035. The study also outlines the positive impacts of AI on individual workers, businesses, and job creation in the U.K.
Isomorphic Labs, the AI drug discovery platform that was spun out of Google's DeepMind in 2021, has raised external capital for the first time. The $600
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Sam Altman today revealed that OpenAI will release an open weight artificial intelligence model in the coming months. "We are excited to release a powerful new open-weight language model with reasoning in the coming months," Altman wrote on X.