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The UK has announced it will fund 120 projects to test how AI might help out businesses, the day after it announced its wider AI Opportunities Action Plan.
Projects will receive a share of a £7 million funding pot – so were that to be split equally it would come out at £58,333 each. The intention is that these projects throw up some insights as to how AI could ‘turbocharge’ businesses in the UK.
The funding comes from the UK Research and Innovation (UKRI) Technology Missions Fund, and is delivered by the Innovate UK BridgeAI programme.
