Alan Turing Institute to spend £60m from on AI for air traffic control and banking

  • “The UK government will, to the tune of £60m, bankroll two major research projects led by the country’s national institute for AI, the Alan Turing Institute: one to automate air traffic control, and the other for banking services.
  • The second funded scheme, dubbed the Prosperity Partnership Project, is a collaboration between the institute and HSBC. An interdisciplinary team made up of computer scientists and economists will investigate how AI can revamp financial services and tools, and look for the best ways to apply the technology fairly and securely.”

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