The UK revises its AI strategy to cut costs

Full Article
The UK revises its AI strategy to cut costs

The UK government has revised its AI strategy, scrapping a $1.72 billion investment previously earmarked for AI development. This decision comes under the newly elected Labour Government led by Kerr Stammer, which aims to create a more cost-effective approach to AI technology. Expert Matt Clifford has been hired to develop this new strategy while still promoting AI adoption in the public sector.

The government’s shift includes cutting funding for significant projects, such as an 800 million pound supercomputer at the University of Edinburgh. Critics argue that this cost-cutting approach may hinder the UK's competitiveness in the global AI landscape, especially as other countries, like France, are making substantial investments in AI. Despite these changes, the Labour administration reassures its commitment to leveraging AI for public service efficiency and growth.

• UK government cuts $1.72 billion AI investment under new administration.

• Matt Clifford appointed to create a cost-effective AI strategy.

Key AI Terms Mentioned in this Article

AI Strategy

The UK government is revising its AI strategy to focus on cost-effectiveness while still promoting AI adoption.

Public Sector AI Adoption

The UK government aims to drive AI adoption in the public sector despite budget cuts.

Cost-Effective AI Plan

Matt Clifford has been tasked with creating a cost-effective AI plan for the UK government.

Companies Mentioned in this Article

University of Edinburgh

The university was set to receive significant funding for AI development, which has now been cut.

Get Email Alerts for AI News

By creating an email alert, you agree to AIleap's Terms of Service and Privacy Policy. You can pause or unsubscribe from email alerts at any time.

Latest Articles

Alphabet's AI drug discovery platform Isomorphic Labs raises $600M from Thrive
TechCrunch 6month

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

AI In Education - Up-level Your Teaching With AI By Cloning Yourself
Forbes 6month

How to level up your teaching with AI. Discover how to use clones and GPTs in your classroom—personalized AI teaching is the future.

Trump's Third Term - How AI Can Help To Overthrow The US Government
Forbes 6month

Trump's Third Term? AI already knows how this can be done. A study shows how OpenAI, Grok, DeepSeek & Google outline ways to dismantle U.S. democracy.

Sam Altman Says OpenAI Will Release an 'Open Weight' AI Model This Summer
Wired 6month

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.

Popular Topics