Gov't funding to help SMEs in Wales adopt AI
Programme spans awareness, adoption, and upskilling.
The Welsh government is helping small- and medium-sized enterprises (SMEs) adopt artificial intelligence (AI) through a dedicated fund worth $2.8m (£2.1m).
Here's the breakdown of the new government funding:
£600k for the Business Wales service
£500k for the tourism and events sectors
£1m for the Flexible Skills Programme
"AI is transforming the business sector, improving productivity and driving change," said Cabinet Secretary for Economy, Energy, and Planning Rebecca Evans.
"This programme of AI awareness, adoption, and upskilling will help us ensure SMEs across all sectors in Wales are prepared to optimise the potential of emerging AI technologies in responsible, inclusive, and ambitious ways."
The government assistance is part of the AI Plan for Wales, which seeks to tap the benefits of AI for Welsh businesses and communities.
"We recognise the huge potential of AI to supercharge business development and economic growth and are determined to do all we can to support the ambition of SMEs across Wales to develop the skills needed for future success," added Skills Minister Jack Sargeant.
