Britain invests 100 million pounds in AI research and regulation

FILE PHOTO: Words reading "Artificial intelligence AI", miniature of robot and toy hand are pictured in this illustration taken December 14, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

LONDON (Reuters) - Britain on Tuesday said it would spend more than 100 million pounds ($125 million) to launch nine new research hubs in artificial intelligence (AI) and train regulators about the technology.

"AI is moving fast, but we have shown that humans can move just as fast," technology minister Michelle Donelan said in a statement. "By taking an agile, sector-specific approach, we have begun to grip the risks immediately."