As a programme, BridgeAI aims to provide £100 million in funding. Part of this funding comes from Innovate UK and the Technologies Mission Fund (TMF). A portion of this funding will go to AI innovators to develop trusted new AI services and technologies for companies in four sectors with high growth potential. Among other benefits, it helps increase productivity.
Four sectors—agriculture, construction, transportation, and creative industries—have been designated as areas of focus by BridgeAI because of the transformational change that AI adoption can bring about.
The program also sets out to connect such companies with AI experts, provide AI-oriented support, facilitate knowledge sharing, and upskill in order to foster the growth of AI. increase.
In a pre-recorded video played to an audience attending a launch event in London, Viscount Camrose — Assistant Secretary of State for the Department of Science, Technology and Innovation (DSIT) — introduced BridgeAI as a “great new government investment.” . Empowering UK businesses with this vital technology. ”
“By accelerating the adoption of AI technologies and bridging the gap between AI adopters and developers, this program will help improve productivity in the UK and create new opportunities for business, jobs and economic growth. It helps,” he continued.
“BridgeAI’s mission is to empower UK companies operating in sectors where AI is less mature. We are looking to hire.”
“We are investing in this program because while so many people are talking about challenges to the world of work, AI has the potential to support, enhance and scale up some of the UK’s greatest business initiatives. because I believe there is
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After Viscount Camrose, Will Drury, Interim Executive Director of Digital & Technology at Innovate UK, provided additional context and information on the reasons behind the launch of BridgeAI. “How can we increase adoption across the industry? That’s what this program is trying to address,” he said in his speech.
“We want to support developers and create solutions that are easy to use, accessible, and easy to integrate. We want to give companies the confidence to invest.”
Drury said later in his speech: […] But its support, networking and various streams of more concrete activity (which we will cover today) will allow this large-scale intervention to deliver cohesive benefits for business, society and the UK. ”
To execute the program’s efforts, BridgeAI will work with a network of strategic delivery partners. Key partners include the Alan Turing Institute, Hartley Center (STFC) and Digital Catapult.
BridgeAI’s joint competition ‘Feasibility Study for Artificial Intelligence Solutions’ offers up to £5m for innovative AI projects that address challenges or opportunities in the four aforementioned target sectors of agriculture, construction, transport and creative industries. of investments are offered. .
The announcement of the BridgeAI program comes just days after the UK government announced it had pledged £100m in initial funding for the soon-to-be UK AI task force.
