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  • Writer's pictureSarah Ruivivar

UK's £100M AI Fund Targets Life Sciences Breakthroughs

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In a bid to tackle some of the most formidable health challenges of our generation, UK Prime Minister Rishi Sunak has announced a £100 million investment in AI for life sciences.

This new mission aims to accelerate the use of AI in areas where it holds the greatest potential to create transformational breakthroughs in treatments for previously incurable diseases.

The AI Life Sciences Accelerator Mission will capitalise on the UK’s unique strengths in secure health data and cutting-edge AI. The Life Sciences Vision fund comprises eight critical healthcare missions that government, industry, the NHS, academia and medical research charities will work together on at speed to solve – from cancer treatment to tackling dementia.

AI has the potential to advance the creation of innovative precision treatments for dementia. This fresh injection of government funding for AI is poised to enable us to leverage the extensive health data resources of the UK, facilitating the swift identification of individuals at risk of dementia and related conditions.

The £100 million will help drive forward this work by exploring how AI could address these conditions, which have some of the highest mortality and morbidity. This funding will target opportunities to deploy AI in clinical settings and improve health outcomes across a range of conditions. It will also look to fund novel AI research which has the potential to create general purpose applications across a range of health challenges, freeing up clinicians to spend more time with their patients.

AI-driven technologies exhibit remarkable promise in being able to diagnose, and potentially treat, mental ill health. Conversational AI supports people with mental health challenges and guides them through proactive prevention routines, escalating cases to human therapists when needed, all of which reduces the strain on NHS waiting lists.

This new accelerator fund is a testament to the UK's commitment to harnessing the latest technology to unlock progress, drive economic growth and improve patient care.

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