The UK government has launched a new skills and talent initiative that will see the creation of a series of industry-backed post-graduate AI courses, with the goal of training thousands of students each year. This marks the first time the country will have a nationwide programme of industry-funded AI Masters courses that are paired with work-based job placements. It comes hot on the heels of new data that shows inward investment to the UK's AI sector increased 17% over the past year - more than the rest of Europe combined. The new package, announced today, is funded by up to £110 million of government investment and will create up to 200 AI Masters places at universities across the UK. Additional funding will also come from the industry, with companies such as BAE Systems, Cisco and DeepMind investing in the initiative, according to a government statement.

The UK government has launched a new skills and talent initiative that will see the creation of a series of industry-backed post-graduate AI courses, with the goal of training thousands of students each year. This marks the first time the country will have a nationwide programme of industry-funded AI Masters courses that are paired with work-based job placements. It comes hot on the heels of new data that shows inward investment to the UK's AI sector increased 17% over the past year - more than the rest of Europe combined. The new package, announced today, is funded by up to £110 million of government investment and will create up to 200 AI Masters places at universities across the UK. Additional funding will also come from the industry, with companies such as BAE Systems, Cisco and DeepMind investing in the initiative, according to a government statement.

The UK government has announced £13m ($16.7m) in funding to support 40 artificial intelligence (AI) and data analytics projects to enhance productivity and improve customer service. The projects include an online "bot" for quick legal advice, voice recognition technology to detect fraudulent insurance claims, and AI software to review business expenses. Being developed by Intelligent Voice, Strenuus and the University of East London, the AI solution will combine AI and voice recognition technology to detect and interpret emotion and linguistics to assess the credibility of insurance claims. Insurance fraud cost the UK £3bn in 2017, which is equal to £10,400 per fraudulent claim, and costing consumers an additional £50 per policy. Another project is an analysis tool, which uses a 3D image recognition system to evaluate images captures by drone.

The UK government will invest some £13 million in 40 projects involving artificial intelligence (AI) and data analytics in an attempt to boost the UK accountancy, insurance and legal services industries. One of the projects will develop breakthrough artificial intelligence technology for the anti-fraud sector. Intelligent Voice, Strenuus and the University of East London will combine AI and voice recognition technology to detect and interpret emotion and linguistics to assess the credibility of insurance claims. Other examples include: an online "bot" which will use artificial intelligence to provide quick answers to legal questions online; an analysis tool which looks at images collected by drones to assess flood-damaged areas, using a 3D image recognition system to evaluate flood extent and depth alongside impacts on buildings and infrastructure to help with insurance claim assessments; and artificial intelligence software that will analyse accounting data and suggest ways for businesses to cut expenditure, suggesting new deals on gas, water and electricity bills. The projects are part of the Next Generation Services Industrial Strategy Challenge Fund.

A project to develop breakthrough artificial intelligence technology for the anti-fraud sector is one of a number of new projects set to receive funding to enable the UK accountancy, insurance and legal services industries to transform how they operate. The artificial intelligence software, being developed by Intelligent Voice Ltd, Strenuus Ltd. and the University of East London will combine AI and voice recognition technology to detect and interpret emotion and linguistics to assess the credibility of insurance claims. The project is one of 40 backed by £13 million in Government investment to support collaborative industry and research projects to develop the next-generation of professional services. Artificial intelligence and data are transforming industries across the world.We are combining our unique heritage in AI with our world beating professional services to put the UK at the forefront of these cutting-edge technologies and their application. We want to ensure businesses and consumers benefit from the application of AI - from providing quicker access to legal advice for customers, to tackling fraudulent insurance claims, these projects illustrate our modern Industrial Strategy in action.

The UK government has announced that it plans to invest in 40 artificial intelligence (AI) and data analytics projects to boost productivity and improve customer service in the UK insurance, accountancy, and legal services industries. The government has pledged £13 million to support these collaborative industry and research projects and develop the next generation of professional services. One of these projects, developed by Intelligent Voice Ltd, Strenuus Ltd. and the University of East London, will combine AI and voice recognition technology to detect and interpret emotion and linguistics to assess the credibility of insurance claims. Another project is an analysis tool that looks at images collected by drone to assess flood-damaged areas, using a 3D image recognition system to evaluate flood extent and depth alongside impacts on buildings and infrastructure to help with insurance claim assessments. Other examples include an online bot that uses AI to provide answers to online legal questions and software that analyses accounting data and suggests ways to cut expenditure.