The Budget also promises funding for a supercomputer and a £2.5bn quantum-computing research programme.
A replica of Baby, after which the prize is namedThe chancellor has announced an annual £1m prize for the most ground-breaking research into artificial intelligence.computer, built at the University of Manchester in 1948.His Budget also announced about £900m to set up a AI research resource and develop an "exascale" supercomputer, with initial investments this year.
The chancellor also announced a £2.5bn 10-year research and innovation programme for quantum computers.Entrepreneur network Tech Nation said called his Budget "a positive indication of the UK government's commitment to becoming a science and technology superpower". And in a move widely seen as a setback to UK ambitions, chip-design company Arm - whose work is inside many of the world's most popular gadgets -Labour shadow culture secretary Lucy Powell said: "The Budget contains no plan to secure sovereign capacity in semiconductor design and manufacture, no plan to regulate digital markets to unleash competition, innovation and consumer choice, and no plan to support more businesses, and particularly SMEs [small and medium-sized enterprises], to...
In the Budget, the chancellor said: "We'll work at pace with the Intellectual Property Office to provide clarity on IP rules so that generative AI companies can access the material they need."
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