11th March 2024Government doubles Turing Institute funding to £100 million | UKAuthority

The chancellor of the exchequer has doubled the funding for The Alan Turing Institute to £100 million as part of the investments in technology in this year’s Spring Budget.

An announcement from the Department for Science, Innovation and Technology said that an additional £50 million is being made available for the next five years to support the institute’s work.

It said this will provide a significant boost for the UK’s AIO ecosystem.

The institute said the funding – from UK Research and Innovation through the Engineering and Physical Sciences Research Council – will enable it to build on its work in bringing together the AI community to carry out research on major issues.

Its chief executive, Professor Dame Ottoline Leyser, said: “This new investment will ensure that The Turing can continue to explore the frontiers of AI, working across the research and innovation system to deliver the UK’s AI Strategy.”

Research focus

The institute indicated that its research over the next five years will be largely focused on three areas: health and wellbeing; the environment and sustainability; and defence and national security.

Jean Innes, chief executive of The Alan Turing Institute, said: “Our purpose is to make great leaps in data science and artificial intelligence research to change the world for the better and this £100 million investment will allow us to chart a new path over the next five years, working with our partners across the ecosystem to uncover solutions to society’s greatest challenges.”

The institute was established in 2015.