Britain Banks on Robots, Artificial Intelligence to Boost Growth

Britain is banking on robots and artificial intelligence to boost growth

  • Britain Banks on Robots, Artificial Intelligence to Boost Growth

    by

    February 25, 2017, 7:01 PM EST

    Britain is betting that the rise of the machines will boost the economy as the country exits the European Union.As part of its strategy to champion specific industries, the U.K. government said in a statement on Sunday that it would invest 17.3 million pounds ($21.6 million) in university research on robotics and artificial intelligence.

  • The government cited an estimate from consultancy Accenture that AI could add 654 billion pounds to the U.K. economy by 2035.
  • “We are already pioneers in today’s artificial intelligence revolution and the digital strategy will build on our strengths to make sure U.K.-based scientists, researchers and entrepreneurs continue to be at the forefront,” Culture Secretary Karen Bradley said in the statement, which referenced AI’s contribution to smartphone voice and touch recognition technologies.
  • The U.K.’s digital strategy proposal, set to be unveiled on Wednesday, also includes a review of AI to determine how the government and industry can provide further support.
  • “Investment in robotics and artificial intelligence will help make our economy more competitive, build on our world-leading reputation in these cutting-edge sectors and help us create new products, develop more innovative services and establish better ways of doing business,” Business Secretary Greg Clark said in the statement.

Britain is betting that the rise of the machines will boost the economy as the country exits the European Union.
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ISC High Performance 2016

Intel #XeonPhi is latest technology for high-performance computing & machine learning  #ISC16

  • Now in its 31st year, ISC High Performance is the world’s oldest and Europe’s most important conference and networking event for the high performance computing community.
  • Intel’s first bootable host processor is specifically designed for highly parallel workloads.
  • A bootable x86 CPU, the Intel Xeon Phi processor offers greater scalability and is capable of handling a wider variety of workloads and configurations than accelerator products.
  • It is also the first to integrate both memory and fabric technologies.
  • Among this year’s new products is the Intel® Xeon Phi™ processor.

Read the full article, click here.


@intelnews: “Intel #XeonPhi is latest technology for high-performance computing & machine learning #ISC16”


Now in its 31st year, ISC High Performance is the world’s oldest and Europe’s most important conference and networking event for the high performance computing community. At this year’s show, Intel will introduce and showcase a range of new technologies helping to fuel the path to deeper insight and HPC’s next frontier.


ISC High Performance 2016