UK government pledges $303 million for A.I. project to tackle cancer, dementia and heart disease

• As technology develops, AI is playing an increasingly significant role in healthcare.
• The new National Artificial Intelligence Lab will focus on healthcare.

The U.K. government has announced £250 million ($303 million) in funding to create a National Artificial Intelligence (AI) Lab that focuses on healthcare.

The lab will, according to authorities, hope to improve cancer screening by speeding up test results; identify patients who are “most at risk” of heart disease and dementia; and automate administrative tasks to allow clinicians more time with patients.

“Carefully targeted AI is now ready for practical application in health services, and the investment announced today is another step in the right direction to help the...