“Through the AI Act and through the [AI safety- and security-focused] Executive Order — which is to mitigate the risks of AI technologies while supporting their uptake in our economies.”Earlier this week the US and the UK signed a partnership agreement on AI safety.
Wider information-sharing is envisaged under the US-UK agreement — about “capabilities and risks” associated with AI models and systems, and on “fundamental technical research on AI safety and security”.
It also announced a plan to spend £100M on an AI safety taskforce which it said would be focused on so-called foundational AI models.
At the UK AI Summit last November, Raimondo announced the creation of a US AI safety institute on the heels of the US Executive Order on AI.
Neither the US nor the UK have proposed comprehensive legislation on AI safety, as yet — with the EU remaining ahead of the pack when it comes to legislating on AI safety.
The UK has exited the European Union, but semiconductor development is emerging as one of the areas where it hopes to partner for better economies of scale — and much-needed funding.
The UK itself said it would put up a more modest £35 million ($44 million) in funding for UK efforts over the next few years as part of that.
The Chips Joint Undertaking, for example, has an overall budget of about €11 billion from both public and private contributions.
In December 2023, Pragmatic Semiconductor, another Cambridge-based chip company, raised $231 million at a $500 million valuation.
“We are very happy to welcome the UK to the Chips Joint Undertaking as a participating state,” said Jari Kinaret, Chips JU Executive Director, in a statement.
Now it’s building out its suite of AI products with the launch of its AI assistant CoPilot.
PatSnap CEO and co-founder Jeffrey Tiong tells TechCrunch that PatSnap exists to remove friction in the innovation process for its customers, both within IP and R&D teams, and between them.
IP teams can use PatSnap’s AI tools to analyze their markets and protect inventions at scale, says Tiong.
What CoPilot does is build further onto PatSnap’s AI products.
It enables IP and R&D teams to find what they need more quickly within patents, non-patent literature and technical news.
Autonomous delivery startup Nuro has struck a deal with safety-focused software company Foretellix to help with virtual testing of its automated driving system, in a bid to cut R&D costs while still pushing the technology forward.
The partnership, which the companies are set to announce later Thursday, comes in the wake of a tumultuous stretch for Nuro.
Many companies developing automated vehicles have their own simulation software; Foretellix specializes in generating millions of scenarios to test autonomous software, lowering the burden on the in-house teams.
Foretellix’s software is able to “automatically analyze” driving logs from Nuro test vehicles and re-run those drives in simulation many times over.
This allows Nuro’s automated system to encounter many different versions of a drive without the hardship – and most importantly, time – required to run all those variations in the real world.
