Saturday, March 1, 2025

Firms encouraged to apply for Artificial Intelligence funding

Artificial intelligence projects in areas as diverse as fashion, farming and fire-fighting are being backed with a further £37 million, says Science and Technology Secretary Michelle Donelan.

Research teams and businesses of all sizes in high-growth industries – from transport to agriculture and construction to creative industries – are encouraged to apply for a share of £32 million, which is now open for bids. The funding will help grow their AI initiatives in a safe and responsible way and boost the wider sector, support their workforces and help the UK towards the Prime Minister’s priority of growing the economy.

A further £5 million has been awarded to feasibility studies for 100 projects involving small businesses across the UK, helping to sow the seeds of an idea that could flourish into game-changing technology, part of a push from government to grasp the positive effects of AI to boost productivity and growth. This funding will support AI tools being used right across the economy, from managing the power supplies to EV chargepoints and reducing delays on the railways, to using AI to reduce the waste produced by the construction industry, and monitoring the health of dairy cattle.

Michelle Donelan said: “When it is deployed safely and responsibly, AI can and will transform what is possible in the world of work, unlocking gains in productivity and efficiency that could never have been imagined before.

“That is why we are backing 100 small teams with the seed of an idea – from using AI to boost clothing recycling to driving housebuilding – to drive them forward. At the same time our £32 million competition will support teams of all sizes to kick their ideas on to the next level, further helping us shape how this vital technology of the future can work for us and grow our economy.

“It is also why we are bringing world leaders and tech experts together in just a few weeks’ time for the AI Safety Summit, to build cooperation around the risks and opportunities of this incredibly promising technology and how we manage it safely.”

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