"Putting this rapidly-evolving technology into action will enable us to save energy costs for businesses and households, create high-value, skilled jobs, and kickstart millions of pounds of private investment while supporting our net zero targets."
So says Britain's science minister, George Freeman, in announcing $1.7 million in funding for artificial intelligence projects to reduce carbon emissions, per the Guardian.
The AI for Decarbonization Program, part of the UK's $1.19 billion "Net Zero Innovation Portfolio," will offer up to $595,682 in funding to help co-finance a virtual center of excellence on AI innovation and decarbonization until March 2025.
A second funding stream will go toward "innovative initiatives" that further the development of AI technology to help decarbonization.
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Social enterprise triumvirate from the Black Country were recognized as the main winners at the Social Enterprise West Midlands (SEWM)-backed event.