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News Wire / economy

UK Government Backs Second AI Company With Taxpayer Funds

BBC Radio 4 London 17d12d Impact 5

The UK government has announced an increased funding allocation for the video games industry. The initiative aims to support the sector, with discussions ongoing about how this will specifically benefit women within the industry and their activism. The UK government announced several million pounds in additional funding for policing this morning. Former counter-terrorism police national coordinator Nick Aldworth noted that while the funds will be welcomed, policing alone cannot solve the underlying societal issues. The announcement follows discussions regarding the capacity of police forces to act in practical terms. The United Kingdom government has announced that a second company is receiving backing from the £500 million AI fund launched earlier this month. The company is expected to announce a tens of millions of pounds investment as part of a wider one-billion-pound funding round.

The UK government has announced an increased funding allocation for the video games industry. The initiative aims to support the sector, with discussions ongoing about how this will specifically benefit women within the industry and their activism. The UK government announced several million pounds in additional funding for policing this morning. Former counter-terrorism police national coordinator Nick Aldworth noted that while the funds will be welcomed, policing alone cannot solve the underlying societal issues. The announcement follows discussions regarding the capacity of police forces to act in practical terms. The United Kingdom government has announced that a second company is receiving backing from the £500 million AI fund launched earlier this month. The company is expected to announce a tens of millions of pounds investment as part of a wider one-billion-pound funding round. The funding is part of the UK's technology financing initiative.

Topics

video games funding UK

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Sources · 7 independent

BBC Radio 4

“the UK government recently announced a funding boost for the video games industry. We'll be asking whether it'll benefit women in and in.”

BBC Radio 4

“I've no doubt they will welcome the extra few million pounds that you announced this morning to spend on policing.”

Bloomberg Radio

“In the UK, the government announced the second company is being backed by taxpayer money from the £500 million pounds offered AI fund which was launched earlier this month”

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