Daily Mail

£1m prize for best AI tech


A MILLION-pound-prize will award the UK’s most groundbrea­king research into artificial intelligen­ce.

The Chancellor announced the ‘Manchester Prize’ which will be handed out every year over the next decade.

It was named in honour of a machine designed by the University of Manchester 75 years ago, which became the forerunner of modern computers.

Mr Hunt stressed the need to strengthen the UK’s position in

AI, with recent developmen­ts – such as the Microsoft-backed ‘chatbot’ ChatGPT – showing the ‘powerful potential’ it had.

But he said the Britain would also need to invest billions of pounds to provide the computing ‘horsepower’.

He committed £900million to build an ‘exascale supercompu­ter’ and provided £2.5billion for a research and innovation programme into quantum computing.

Mr Hunt added that the Manchester Prize would ‘encourage the best in AI research’.

Newspapers in English

Newspapers from United Kingdom