Microsoft AI to make long-term investments in the UK — CEO

Ezra Reguerra1 hour agoMicrosoft AI to make long-term investments in the UK — CEOMicrosoft AI CEO Mustafa Suleyman said the firm plans to make a “significant, long-term investment” in the U.K. as they start hiring “passionate innovators.”333 Total views12 Total sharesListen to article 0:00NewsOwn this piece of crypto historyCollect this article as NFTJoin us on social networksMicrosoft’s artificial intelligence (AI) arm is making a long-term bet on the United Kingdom as it launches its new AI hub in London. 

In a blog post, Microsoft AI executive vice president and CEO Mustafa Suleyman said the company plans to invest long-term in the region. He wrote:“There is an enormous pool of AI talent and expertise in the U.K., and Microsoft AI plans to make a significant, long-term investment in the region as we begin hiring the best AI scientists and engineers into this new AI hub.”

The executive said the company will actively hire “passionate innovators” who want to contribute to their goals in the coming weeks and months. Suleyman said these individuals will work on the “most interesting and challenging AI questions” of our time.

On March 19, Microsoft AI hired Suleyman to lead its AI initiatives as its CEO and executive vice president. Suleyman co-founded the artificial intelligence startup DeepMind, which Google acquired in 2014.

Suleyman’s statements came as he announced the creation of an AI hub in the United Kingdom. The hub’s goal is to advance AI language models and their infrastructure.

In addition, it would also create tooling for foundation models and collaborate with their AI teams across the globe and its partners like OpenAI.

Community members met the move with enthusiasm. On X, Neil Cameron described the development as a “huge win for the ecosystem” in the United Kingdom.Source: Tom Tugendhat 

Tom Tugendhat, a member of the U.K. parliament, said that it’s a vote of confidence in the U.K. as a global hub for AI.

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United Kingdom Prime Minister Rishi Sunak has shown positive interest in AI and sees it as one of the pieces that would contribute to his legacy. On Oct. 26, 2023, Sunak delivered a speech expressing his belief in the potential of AI technology. He said:“I genuinely believe that technologies like AI will bring a transformation as far-reaching as the industrial revolution, the coming of electricity, or the birth of the internet.”

Apart from the U.K., Canada is also getting a boost to its AI sector. On April 7, Canadian Prime Minister Justin Trudeau unveiled a $1.76 billion budget to boost the country’s AI sector and maintain its competitiveness on the global stage.

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