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International Business Times UK
International Business Times UK
Pratiti Nath

New AI Regulation White Paper Talks of Preparing the UK Economy for Future AI Risks

UK regulators like Ofcom and CMA has been asked to underline how they are upskilling and planning to tackle AI frauds and AI safety issues by the UK government in a new AI regulation white paper launched on Tuesday (Credit: AFP News)

Amidst pressure to act regarding AI safety-related issues, the UK government has taken the bold step of stricter AI regulation as it published an AI Regulation White Paper consultation.

The Department for Science, Innovation and Technology announced on February 6 a new AI regulation white paper which would help UK regulators with over £100 million in funding to advance research and innovation in the AI field, especially in the healthcare and drug discovery sector. As part of the plan, the Sunak government has asked UK regulators to publish a plan of action to tackle AI risks and opportunities by April end.

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