UK launches AI assurance roadmap as private investment in British AI firms hits £2.9bn

UK Government Launches AI Assurance Roadmap Amid £2.9bn Investment in British AI Firms

British AI companies attracted £2.9 billion in private investment last year, with the average deal valued at £5.9 million. This surge has helped the AI sector contribute £11.8 billion to the UK economy, doubling its value since 2023 and reaching a new peak. Approximately 86,000 people are now employed in AI-related roles across the country.

Regional Growth and Government Support

The UK government reports significant growth beyond London and the South East. The number of AI companies in the Midlands, Yorkshire, Wales, and the North West has at least doubled in the past three years. To maintain this momentum, Technology Secretary Peter Kyle announced plans to expand the UK's AI ecosystem.

Key initiatives include launching a new AI assurance roadmap and allocating £11 million for an AI Assurance Innovation Fund. These efforts are designed to support the development of AI assurance tools that will help the UK keep pace with advances in AI technology.

AI Assurance Centres and Professional Standards

New AI assurance centres will provide independent experts with the ability to scrutinise AI systems, ensuring they are trustworthy and comply with standards. The government also plans to establish a dedicated AI assurance profession that brings together stakeholders from across the tech sector.

This profession will focus on strengthening industry standards and offering clear guidance to developers. Measures will include creating a professional code of ethics and defining the access level assurance professionals need to AI models and systems to carry out their work effectively.

Sector-Specific Benefits

• Energy: Ofgem will receive support to develop AI tools that accelerate approvals for clean energy infrastructure.
• Aviation: The Civil Aviation Authority will use AI to analyse air accident reports and assist in the adoption of drones.
• Nuclear: The Office for Nuclear Regulation will use AI to manage high-risk nuclear waste safely and efficiently.

These initiatives aim to improve public confidence and trust in AI, while helping developers better understand and comply with regulations.

Government Vision

Peter Kyle emphasized the importance of embracing innovation to secure the UK’s global competitive edge. He stated, “We have learned the lesson of history: countries can only prosper if they get the big calls right, if they decide to go beyond the expected and embrace the future, to innovate not imitate—refusing to be constrained by the problems of today by taking up the challenges of tomorrow.”

For government professionals looking to deepen their understanding of AI and its practical applications, exploring relevant training can be valuable. Resources like Complete AI Training offer courses that cover AI fundamentals, assurance, and ethics.