UK shelves £1.3bn of funding for technology and AI projects

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The story "UK shelves £1.3bn of funding for technology and AI projects" was covered 19 hours ago by The Guardian, a news publisher based in United Kingdom.

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The Guardian 19h ago

UK shelves £1.3bn of funding for technology and AI projects - The Guardian

Quick Summary:

Britain’s first next-generation supercomputer, planned by Tories, in doubt after Labour government moveThe Labour government has shelved £1.3bn of funding promised by the Conservatives for technology and artificial intelligence projects, putting the future of the UK’s first next-generation supercomputer in doubt.

The projects, announced last year, include £800m for the creation of an exascale supercomputer at the University of Edinburgh and a further £500m for the AI Research Resource, which funds computing power for AI.Continue reading...

The government has launched an action plan to identify how AI can drive economic growth and is expected to launch a consultation on a bill, focused on the most advanced models, soon.