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Indian Express
22-07-2025
- Business
- Indian Express
UK and ChatGPT maker OpenAI sign new strategic partnership
Britain and ChatGPT maker OpenAI have signed a new strategic partnership to deepen collaboration on AI security research and explore investing in British AI infrastructure, such as data centres, the government said on Monday. 'AI will be fundamental in driving the change we need to see across the country – whether that's in fixing the NHS (National Health Service), breaking down barriers to opportunity or driving economic growth,' Peter Kyle, secretary of state for technology, said in a statement. 'This can't be achieved without companies like OpenAI, who are driving this revolution forward internationally. This partnership will see more of their work taking place in the UK.' The government has set out plans to invest 1 billion pounds in computing infrastructure for AI development, hoping to increase public compute capacity 20 fold over the next five years. The United States, China and India are emerging as front runners in the race to develop AI, putting pressure on Europe to catch up. The partnership with OpenAI, whose tie-up with Microsoft once drew the scrutiny of Britain's competition regulator, will see the company possibly increase the size of its London office, and explore where it can deploy AI in areas such as justice, defence, security and education technology. In the same statement, OpenAI head Sam Altman praised the government for being the first to recognise the technology's potential through its ' AI Opportunities Action Plan ' – an initiative by Prime Minister Keir Starmer to turn the UK into an artificial intelligence superpower. The Labour government, which has struggled to increase economic growth meaningfully in its first year in power and has since fallen behind in polls, has said that the technology could increase productivity by 1.5% a year, worth an extra 47 billion pounds ($63.37 billion) annually over a decade.
The Hindu
22-07-2025
- Business
- The Hindu
ChatGPT-maker OpenAI and UK sign new strategic partnership
Britain and ChatGPT maker OpenAI have signed a new strategic partnership to deepen collaboration on AI security research and explore investing in British AI infrastructure, such as data centres, the government said on Monday. "AI will be fundamental in driving the change we need to see across the country – whether that's in fixing the NHS (National Health Service), breaking down barriers to opportunity or driving economic growth," Peter Kyle, secretary of state for technology, said in a statement. "This can't be achieved without companies like OpenAI, who are driving this revolution forward internationally. This partnership will see more of their work taking place in the UK." The government has set out plans to invest 1 billion pounds in computing infrastructure for AI development, hoping to increase public compute capacity 20 fold over the next five years. The United States, China and India are emerging as front runners in the race to develop AI, putting pressure on Europe to catch up. The partnership with OpenAI, whose tie-up with Microsoft once drew the scrutiny of Britain's competition regulator, will see the company possibly increase the size of its London office, and explore where it can deploy AI in areas such as justice, defence, security and education technology. In the same statement, OpenAI head Sam Altman praised the government for being the first to recognise the technology's potential through its "AI Opportunities Action Plan" - an initiative by Prime Minister Keir Starmer to turn the UK into an artificial intelligence superpower. The Labour government, which has struggled to increase economic growth meaningfully in its first year in power and has since fallen behind in polls, has said that the technology could increase productivity by 1.5% a year, worth an extra 47 billion pounds ($63.37 billion) annually over a decade.
Time of India
21-07-2025
- Business
- Time of India
UK and ChatGPT maker OpenAI sign new strategic partnership
Academy Empower your mind, elevate your skills Britain and ChatGPT maker OpenAI have signed a new strategic partnership to deepen collaboration on AI security research and explore investing in British AI infrastructure, such as data centres, the government said on Monday."AI will be fundamental in driving the change we need to see across the country - whether that's in fixing the NHS (National Health Service), breaking down barriers to opportunity or driving economic growth," Peter Kyle, secretary of state for technology, said in a statement."This can't be achieved without companies like OpenAI, who are driving this revolution forward internationally. This partnership will see more of their work taking place in the UK."The government has set out plans to invest 1 billion pounds in computing infrastructure for AI development, hoping to increase public compute capacity 20 fold over the next five United States, China and India are emerging as front runners in the race to develop AI, putting pressure on Europe to catch partnership with OpenAI, whose tie-up with Microsoft once drew the scrutiny of Britain's competition regulator, will see the company possibly increase the size of its London office, and explore where it can deploy AI in areas such as justice, defence, security and education the same statement, OpenAI head Sam Altman praised the government for being the first to recognise the technology's potential through its " AI Opportunities Action Plan " - an initiative by Prime Minister Keir Starmer to turn the UK into an artificial intelligence Labour government, which has struggled to increase economic growth meaningfully in its first year in power and has since fallen behind in polls, has said that the technology could increase productivity by 1.5% a year, worth an extra 47 billion pounds ($63.37 billion) annually over a decade.
Scotsman
18-07-2025
- Business
- Scotsman
Scottish firms embrace AI with ‘Open Arms' as 52% of businesses believe adoption will drive local growth
Scotland is in the midst of an AI revolution if current adoption rates and optimism surrounding the technology are to be sustained. Sign up to our daily newsletter – Regular news stories and round-ups from around Scotland direct to your inbox Sign up Thank you for signing up! Did you know with a Digital Subscription to The Scotsman, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more. Learn More Sorry, there seem to be some issues. Please try again later. Submitting... According to data published by the Edinburgh Chamber of Commerce, 52% of Scottish businesses believe greater AI adoption will be a major driver of local economic growth. The figures show that of the 61% of businesses already utilising artificial intelligence, 81% have seen an increase in productivity as a result, while 79% claim that it has improved their profitability. Advertisement Hide Ad Advertisement Hide Ad The AI boom is already sweeping through different Scottish industries at a rapid pace. Recently, Stephen Goldie, managing partner of Edinburgh-based law firm Brodies, claimed that his firm is welcoming the technology with 'open arms.' Dunrobin Castle, Golspie Meanwhile, in the healthcare sector, NHS Greater Glasgow and Clyde, NHS Lothian, and AI evaluation company Aival have begun testing a £1 million AI integration project designed to integrate with existing clinical systems and workflows. Additionally, a study conducted by Henderson Loggie spanning the Scottish legal sector found that while more than 60% of firms aren't currently using AI tools, many expect to trial or adopt the technology in the near future. Building Scotland's AI Infrastructure Huge infrastructural initiatives are set to drive Scotland's adoption of artificial intelligence in the years to come. Advertisement Hide Ad Advertisement Hide Ad One major catalyst for future growth stems from the government's AI Opportunities Action Plan, which aims to create a series of AI Growth Zones across the country, with a particular focus on post-industrial towns and coastal areas in Scotland. Thanks to significant energy resources that will help supply power to AI data centres in Scotland, the project, which has already attracted £25 billion in investment, could help position many Scottish towns and cities as artificial intelligence hubs. Scotland's role in AI has been bolstered further by the recent news that Edinburgh is set to host the UK's most powerful supercomputer, which will cost £750 million to build at the University of Edinburgh. The supercomputer is expected to help strengthen the United Kingdom's push to become an AI leader, with the potential to drive innovations and discoveries that could benefit businesses across Scotland. With the potential to scale up the country's AI computational power by a factor of 20, Edinburgh could be at the centre of a technological revolution. Advertisement Hide Ad Advertisement Hide Ad Boosting Scottish Employment It's expected that AI innovations in Scotland can help to tackle unemployment by opening thousands of new roles for local workers. In recent months, Scotland has boasted lower unemployment rates than the rest of the United Kingdom. According to the Office for National Statistics (ONS), the unemployment rate for those aged 16 and over in Scotland in Q2 2025 fell 0.5% on the previous quarter to 3.7%, well below the UK average of 4.7%. Scotland's growing relationship with artificial intelligence could help to lower unemployment rates further, thanks to the expected job growth that the technology will bring. Advertisement Hide Ad Advertisement Hide Ad According to McKinsey data, the AI boom could see overall spending on technology increase by more than 50% between 2015 and 2030, helping to significantly increase jobs related to developing and deploying new technologies. As a result, forecasts suggest that this trend could create between 20 million and 50 million new jobs worldwide, and Scotland's leading role in AI research and development is likely to see a higher concentration of new vacancies. We're already seeing early signs of this trend emerging. Plans by a renewable energy developer to transform a former steelworks in Ravenscraig to become a major national data centre in a £3.9 billion proposal are expected to generate 2,400 jobs nationwide, with 1,044 becoming permanent North Lanarkshire roles and 440 to be predominantly based on-site. Unlocking Productivity Surveys also show that more small and medium-sized businesses in Scotland are upping their AI investments as a means of enhancing their productivity. Advertisement Hide Ad Advertisement Hide Ad As much as 88% of firms believe that artificial intelligence will lift productivity levels within their organisations, with 90% intending to invest in the technology. With the ability to automate workflows and remove instances of human error from repetitive processes through AI management systems, more businesses believe that artificial intelligence can support their scaling strategies. The technology is even transforming marketing strategies, with businesses capable of introducing promotions and competition across multiple channels with automated payouts to customers. With the AI in marketing market set to grow at a CAGR of 26.7% between now and 2034, we can expect businesses to transform not only their own productivity but also how they interact with their customers at scale. Advertisement Hide Ad Advertisement Hide Ad The Future of AI Artificial intelligence will play an intrinsic role in the growth of Scottish businesses. With expectations for a seismic infrastructure plan sky-high, cities like Edinburgh will become hubs for technological growth and innovation. While it remains to be seen how the technology will transform employment in Scotland, it's expected that AI will be a driving force for job creation throughout many sectors, which could open the door to more opportunities and chances for the existing workforce to upskill accordingly.
Business News Wales
02-07-2025
- Business
- Business News Wales
Upgrading National Grid to Power AI Future Tackled at AI Energy Council
The energy demands to drive the processing power needed for new waves of AI breakthroughs and the future energy needs of the wider AI sector were on the agenda as the AI Energy Council gathered for its second meeting. With energy providers, tech companies, energy regulator Ofgem and the National Energy System Operator (NESO) in attendance, the meeting discussed how to work together to forecast how much energy will be needed to deliver a twenty-fold increase in compute capacity over the next five years. Compute represents the key building block of AI development. It captures the vital resources which make AI models work, such as the processing power which allows them to be trained on data and process information. By increasing the UK's capacity, it will give scientists and AI companies from across the UK access to the systems they need for their cutting-edge research – making the next big breakthrough from personalised medical treatments, more sustainable air travel, or developing new tools in the fight against climate change. The meeting also covered which sectors are likely to quickly adopt AI and how this could drive significant shifts in energy demand. Discussions will focus on what assumptions need to be made to accurately forecast that demand, ensuring the energy system is prepared for AI. The meeting was chaired by the Technology and Energy Secretaries, and followed the UK Government announcing £2 billion to deliver the AI Opportunities Action Plan. Secretary of State for Science, Innovation, and Technology, Peter Kyle said: 'Giving our researchers and innovators access to the processing power they need will not only maintain our standing as the world's third-biggest AI power, but put British expertise at the heart of the AI breakthroughs which will improve our lives, modernise our public services, and spark the economic growth which is the cornerstone of our Plan for Change. 'We are clear-eyed though on the need to make sure we can power this golden era for British AI through responsible, sustainable energy sources. Today's talks will help us drive forward that mission, delivering AI infrastructure which will benefit communities up and down the country for generations to come without ever compromising on our clean energy superpower ambitions.' Secretary of State for Energy Security and Net Zero, Ed Miliband, said: 'We are making the UK a clean energy superpower, building the homegrown energy this country needs to get bills down for good and create new jobs as part of our Plan for Change. 'Bringing together the biggest players in AI and energy will help us discuss the role AI can play an important role in building a new era of clean electricity for our country, and meeting the power demands of new technology as we build a clean power system for families and businesses.' The meeting considered the future energy needs of the AI sector more widely, as the UK Government also continues to move forward with its plans to roll out AI Growth Zones across the country.
