You could soon see self-driving buses and delivery vans on UK roads as the government launches a £40m ($50m) competition to bring this technology to the market. The funding to kick-start commercial self-driving services, such as delivery vehicles and passenger shuttles, will help bring together companies and investors so that sustainable business models to be rolled out nationally and exported globally. The Commercialising Connected and Automated Mobility competition will provide grants to help roll out commercial use self-driving vehicles across the UK from 2025. Types of self-driving vehicles that could be deployed include delivery vans, passenger buses, shuttles and pods, as well as vehicles that move people and luggage at airports and containers at shipping ports. The competition aims to unlock a new industry that could be worth £42bn to the UK economy by 2035, potentially creating 38,000 new skilled jobs.

NATO has officially kicked off two new efforts meant to help the alliance invest in critical next-generation technologies and avoid capability gaps between its member nations. For months, officials have set the ground stage to launch a new Defense Innovator Accelerator -- nicknamed DIANA -- and establish an innovation fund to support private companies developing dual-use technologies. Both of those measures were formally agreed upon during NATO's meeting of defense ministers last month in Brussels, said Secretary-General Jens Stoltenberg. Allies signed the agreement to establish the NATO Innovation Fund and launch DIANA on Oct. 22, the final day of the two-day conference, Stoltenberg said in a media briefing that day. He expects the fund to invest €1 billion (U.S. $1.16 billion) into companies and academic partners working on emerging and disruptive technologies.

On Friday, North Atlantic Treaty Organisation's (NATO) defence ministers approved the alliance's first artificial intelligence strategy and the creation of the NATO Innovation Fund. Following the second day of the NATO defence ministerial conference in Brussels, Secretary-General Jens Stoltenberg stated that NATO allies have signed an agreement to establish the alliance's first Innovation Fund. He stated that NATO's new innovation fund will guarantee that organisations do not miss out on the most cutting-edge technology and capabilities that are crucial for its security, reported Anadolu Agency. With approximately $1 billion in funding from 17 NATO member states, the programme will promote research and development on new and disruptive technologies. NATO defence ministers also approved the alliance's first Artificial Intelligence Strategy, which establishes guidelines for the use of AI in accordance with international law.

NATO defense ministers on Friday approved the alliance's first strategy on artificial intelligence and the establishment of the NATO Innovation Fund. NATO allies signed an agreement on setting up the alliance's first Innovation Fund, Secretary-General Jens Stoltenberg announced following the second day of the NATO defense ministerial meeting. "NATO's new innovation fund will ensure us to not miss out on the latest technology and capabilities that will be critical to our security," he added. The initiative, financed by 17 NATO member states, will support research and development on emerging and disruptive technologies with over $1 billion. NATO defense ministers also adopted the alliance's first Artificial Intelligence Strategy that sets the standards for the use of this technology with the respect of international law.

Europe is awash with talent and technology in the AI space. Here are 10 European start-ups to watch in 2019. There is a growing belief that the artificial intelligence (AI) revolution could be even more profound than the internet revolution. While the technology is often characterised as a threat to traditional job security, if you look closely at this crop of European start-ups, their use of AI is about improving outcomes in everything from health and safety to better communications and creativity. In other words, AI as a subject is very broad with a myriad of uses, and therefore could be put to work to augment human capabilities or solve big world problems.

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How can you design an ethical robot lawyer? What regulations are needed for flying taxis? These are some of the questions the British government is hoping to answer with a new £10m fund for futuristic projects that pose significant challenges to existing rules and regulations. The business secretary, Greg Clark, said the regulators' pioneer fund, being awarded to 15 projects, would help regulators "unblock" innovation that might otherwise be hampered by red tape. Clark said the move would show that Britain had a flexible regulatory environment which could keep pace with technology.

Infosys has invested ₹14.5 crore from its "innovation fund" in UNSILO, a Danish artificial intelligence start-up on advanced text analysis. This is Infosys' 11th investment in a start-up from its $500 million innovation fund and fourth in 2016. "We will partner with UNSILO to bring their artificial intelligence and machine learning technology to our... clients, " an Infosys official said.

Infosys has invested about $2 million in UNSILO, a Danish artificial intelligence startup focused on advanced text analysis. India's second largest software services firm said it has made the investment from its Innovation Fund. UNSILO is Infosys Innovation Fund's first investment in Europe, according to a stock exchange filing. "UNSILO have built an impressive semantic search engine with best-in-class text intelligence, which powers a range of advanced business processes. We will partner with UNSILO to bring their artificial intelligence and machine learning technology to our global clients. They join and expanding portfolio of innovative young companies from around the world that Infosys works with to help enterprises drive their digital transformation," said Ritika Suri, executive vice president & global head of corporate development & ventures, Infosys.

Bengaluru: Infosys Ltd has invested 14.92 millon Danish krone (Rs14.5 crore) from its "innovation fund" in UNSILO, a Danish artificial intelligence start-up focused on advanced text analysis. The deal comes at a time when companies around the globe, including Infosys clients, are trying to find better ways to make sense of a large amount of unstructured text. UNSILO uses a unique combination of machine-learning and natural language processing to analyse large quantities of text. This is Infosys's 11th investment in a start-up from its $500 million innovation fund, its fourth in the calendar year. Indian IT firms have been increasingly investing in futuristic start-ups to get products based on new technologies faster to the market and serve the emerging needs of their customers.