The PETs challenges were first announced at the Summit for Democracy last year and will see innovators from academia, industry, and the broader public find new solutions in up to two separate tracks: tackling financial crime and forecasting public health emergencies.
Such challenges are based on the use of artificial intelligence (AI) tools to examine large and potentially sensitive datasets – the challenges themselves will use synthetic financial and medical data.
There will also be options for participants to design one generalised solution that works for both scenarios for broader applicability, according to the organisers of the challenges.
It comes amid concerns China is outpacing Western countries with its AI research – which some experts believe is at least, in part, hindered in the West by stricter privacy laws – as well as technical and ethical concerns.
“I’m delighted that we are launching joint UK-US prize challenges to accelerate the adoption...