Britain pumps cash into artificial intelligence before Brexit


  • TECH
  • Thursday, 26 Apr 2018

Britain's Secretary of State for Business, Energy and Industrial Strategy Greg Clark arrives in Downing Street in London, Britain, April 12, 2018. REUTERS/Simon Dawson

LONDON: Britain announced on April 25 a £1bil (RM5.46bil) joint investment in the artificial intelligence (AI) industry to capitalise on what the government sees as a competitive advantage in the sector as it prepares for life after Brexit.

The deal is the latest in a series of targeted public-private investment pacts in the government's industrial strategy that aims to modernise Britain's economy and address decades of regional and industrial decline.

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