Britain’s AI sector will grow from £1.36 trillion (about $1.7 trillion) to £2.4 trillion ($3 trillion) by 2027, making it the world’s third-largest AI economy behind the U.S. and China, according to an analysis by the information clearinghouse Global AI Ecosystem.
“The speed at which AI is becoming part of everyday life for people and businesses is dramatic,” Sarah Cardell, CEO of the CMA, said in a statement listing the principles.
In December, chip-making giant Intel will unveil its new “Meteor Lake” chip able to run a generative AI program on a notebook computer instead of forcing users to connect to data centers to muster enough computing power for the task, the company announced last week at a Silicon Valley developers conference.
AI insiders from OpenAI CEO Sam Altman to Bill Gates are calling on the U.S. Congress to set rules in place to govern artificial intelligence and Congress is listening.
Global business and technology consulting and services firm EY has invested $1.4 billion in AI, has created its own large language model AI called EYQ, and will train all of its 400,000 workers in AI, the company announced last week.
Within about two years, 90 percent of all content online could be the product of artificial intelligence, according to a study by the European Union Agency for Law Enforcement Cooperation.