We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies. Cookie Policy.

Features Partner Sites Information LinkXpress
Sign In
Advertise with Us

Download Mobile App


ATTENTION: Due to the COVID-19 PANDEMIC, many events are being rescheduled for a later date, converted into virtual venues, or altogether cancelled. Please check with the event organizer or website prior to planning for any forthcoming event.
16 Feb 2023 - 18 Feb 2023

UK to Invest £100 Million in Artificial Intelligence Research

By HospiMedica International staff writers
Posted on 13 Feb 2019
Print article
Image: The UK plans to invest USD 130 million on AI development for industries including life sciences (Photo courtesy of GEP).
Image: The UK plans to invest USD 130 million on AI development for industries including life sciences (Photo courtesy of GEP).
The government of the United Kingdom has announced it will invest USD 130 million to attract 1,000 new PhD placements at universities across the country to focus on artificial intelligence (AI) development, including for the life sciences industry.

During his visit to the World Economic Forum, held in Davos (Switzerland) during January 2019, the head of Her Majesty’s Treasury, Chancellor of the Exchequer Philip Hammond, said that the investment will help futureproof the UK economy, fund forthcoming research into life-saving technology to be used in national health service (NHS) hospitals, improve voice-recognition software for business and consumers, and help cities to protect their citizens from pollution hotspots by aiding development of early warning systems.

The investment in the life sciences sector will merge with other initiatives in the fields of big data and disruptive digital technologies designed to lure clinical trials which would adopt a system for analyzing study feasibility, and an application that links patients to available studies to gear up the enrolment and ensure continued investment in research and development (R&D) in the United Kingdom. The funding is part of the £7 billion committed to the modern Industrial Strategy in 2016, and is destined to elevate investment to R&D to a record level not seen since the 1970s.

“Britain is a great place to do business. We are leading the way in the tech revolution; the UK digital sector is now worth over £130 billion, with jobs growing at twice the rate of those in the wider economy,” said Chancellor Hammond. “We are backing British innovation to help create growth, more jobs and higher living standards. And we are determined, as we leave the EU, to make sure it remains that way. I want to ensure we remain the standard bearer, so we must invest in our new economy so that it can adapt and remain competitive.”

The UK modern Industrial Strategy faces four grand challenges. These include putting the UK at the forefront of the AI and data revolution, towards which a government office for AI has been established and a £9 million Centre for Data Ethics and Innovation has been built. The other three challenges include modernizing transportation through new electrical vehicle charging technologies and development and testing of connected and autonomous vehicles; maximizing opportunities from the global shifts to clean growth and low carbon innovation; and meeting the needs of an ageing society by harnessing the power of innovation.

Gold Supplier
Premium Ultrasound Scanner
Blood Warmer
Surgical Table
Memory Foam Mattress

Print article



view channel
Image: A novel research study moves the needle on predicting coronary artery disease (Photo courtesy of Pexels)

AI-Enabled ECG Analysis Predicts Heart Attack Risk Nearly as well as CT Scans

Increased coronary artery calcium is a marker of coronary artery disease that can lead to a heart attack. Traditionally, CT scans are used to diagnose buildup of coronary artery calcium, although CT scanners... Read more

Critical Care

view channel
Image: The advanced electronic skin could enable multiplex healthcare monitoring (Photo courtesy of Terasaki Institute)

First-of-Its-Kind Electronic Skin Patch Enables Advanced Health Care Monitoring

For some time now, electronic skin (E-skin) patches have been used to monitor bodily physiological and chemical indicators of health. Such monitors, placed on the skin, are capable of measuring various... Read more

Surgical Techniques

view channel
Image: The neuro-chip with soft implantable electrodes could manage brain disorders (Photo courtesy of EPFL)

Implantable Neuro-Chip Uses Machine Learning Algorithm to Detect and Treat Neurological Disorders

Using a combination of low-power chip design, machine learning algorithms, and soft implantable electrodes, researchers have produced a neural interface that can identify and suppress symptoms of different... Read more

Point of Care

view channel
Image: Steripath improves the diagnostic accuracy and timeliness of sepsis test results (Photo courtesy of Magnolia)

All-in-One Device Reduces False-Positive Diagnostic Test Results for Bloodstream Infections

Blood cultures are considered the gold standard diagnostic test for the detection of blood stream infections, such as sepsis. However, positive blood culture results can be frequently wrong, and about... Read more


view channel
Image: Researchers expect broader adoption of AI in healthcare in the near future (Photo courtesy of Pexels)

Artificial Intelligence (AI) Could Save U.S. Healthcare Industry USD 360 Billion Annually

The wider adoption of artificial intelligence (AI) in healthcare could save the U.S. up to USD 360 billion annually although its uptake in the industry is presently limited owing to the absence of trust... Read more
Copyright © 2000-2023 Globetech Media. All rights reserved.