UK Government to spend £100 Million on Building ChatGPT-like AI Models

UK Government to spend £100 Million on Building ChatGPT-like AI Models

The UK government has announced £100 million in funding for a taskforce that would develop artificial intelligence (AI) models similar to ChatGPT and Google’s Bard, to help the country build and adopt the next generation of safe AI.

The Foundation Model Taskforce will be modelled on the success of the COVID-19 Vaccines Taskforce, and will work on safe and reliable use of this pivotal AI across the economy and ensure that the UK is globally competitive in this strategic technology. The expert taskforce will launch first pilots targeting public services in the next six months, said an official statement. The investment will build the UK’s ‘sovereign’ national capabilities, the statement added.

Foundation models such as large language models like ChatGPT and Google Bard are a category of AI systems trained on huge volumes of data such as text, images, video or audio to gain broad and sophisticated capabilities across many tasks. It will help deliver on the objective of growing the UK’s economy, while generating better outcomes for people through better public services.

Research suggests that the broad adoption of such systems could triple national productivity growth rates. The technology is also predicted to raise global GDP by 7 percent over a decade. This will make its adoption a vital opportunity to grow the UK economy, and support businesses and public trust in these systems and drive their adoption, the statement said.