The United Kingdom government announced on Monday, October 16, a Fairness Innovation Challenge to address bias and discrimination in artificial intelligence (AI) systems.
The challenge invites UK-based companies to apply for government investment of up to £400,000 to fund innovative new solutions aimed at eradicating bias from AI technologies.
The competition aims to support up to three groundbreaking projects, each potentially securing a funding boost of up to £130,000.
This initiative aligns with the UK’s commitment to hosting the world’s first major AI Safety Summit where dialogues will revolve around managing the risks associated with AI while maximising its potential for the benefit of the British people.