London: The UK government has announced £8m funding to create 800 new AI scholarships as part of a new £60 million Regional Innovation Fund (RIF).
The fund, launched by Technology Secretary Michelle Donelan will boost support for universities in areas with lower levels of research and development as part of a wider initiative to spread AI skills across the UK.
The RIF – relative to the size of each UK nation – will see £48.8 million go towards 110 universities across England and will be delivered by Research England.
A further £5.8 million for Scotland, £3.4 million for Wales and £2 million for Northern Ireland will be allocated to devolved administrations to support local and regional economies, in turn boosting growth and increasing productivity.
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