The Chancellor, John Healey, has published a full breakdown of a package of more than £600m of AI investment ahead of Wednesday's Budget. The named items now add up to £603m. That accounts for the total, which the figures reported until now left £185m short.
According to City AM and PA, as carried by the Enfield Independent, the package comprises:
- £165m for a National AI Biosecurity Initiative, including the £100m AI Biosecurity Lab
- £120m for the AI Security Institute
- £70m for a National Exposure and Real-Time Vulnerability centre to detect cyber threats across critical national infrastructure
- £60m for a National Cyber Shield using AI agents
- £60m more for the Sovereign AI Fund
- £60m to support contracts for using AI in areas including the NHS
- £30m for local AI partnerships
- £23m over three years for the AI Economics Institute
- £15m for a competition for AI innovations tackling health problems
The up to £200m in AI model credits from OpenAI and Anthropic is given in kind and is not part of the £603m. The Treasury will also commit £10m a year to studying AI's impact on employment, and a cyber security training centre will open in Manchester.
Mr Healey called the package "a distinctively British approach to AI". The AI minister, Kanishka Narayan, told BBC Radio 4's Today that tech barons must not be allowed to "let rip".
No cost against the fiscal rules has been given for the package.