UK AI startups that can help improve public services will be able to compete for a share of a new £100m government fund . The programme targets priorities including healthcare, cyber security and defence, with winning projects eligible for contracts worth £250,000 to £10m. Most deals are expected to fall between £1m and £3m, while smaller firms may receive upfront payments . The announcement follows criticism of a £330m, seven-year NHS contract awarded to US software company Palantir by the previous government. The UK will also open its new AI Economics Institute, led by MIT professor Simon Johnson , to collaboration with G7 partners. submitted by /u/LinkedInNews
Originally posted by u/LinkedInNews on r/ArtificialInteligence
You must log in or # to comment.