Budget to set aside £600m for AI research and safeguards
The Chancellor plans to announce a £600 million package for AI in next week’s Budget, combining investment in the technology with measures to address risks to health, security and workers. The Government says it wants a “distinctively British approach” that supports economic growth while ensuring people across the UK share in the benefits.
The package includes £300 million for an AI Biosecurity Lab, with OpenAI and Anthropic providing £200 million in credits for access to their AI models, and £120 million for the UK’s AI Security Institute. It also includes £60 million for a National Cyber Shield, £70 million for a vulnerability centre, and plans for an AI Centre of Excellence in Manchester, with investment in places including Edinburgh. The announcement comes amid concern about AI-related job losses, cyber-attacks and biological threats.
In short
- Chancellor plans £600 million for AI investment and safeguards.
- £300 million will fund an AI Biosecurity Lab.
- Government says it wants workers to share in AI’s benefits.
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Originally published by Daily Mail as “Chancellor will announce £600million Budget package to defend against AI health and security risks”.