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A British fact-checking firm is to receive a share of 25 million dollars (£19.1 million) worth of Google investment after being chosen as a winner in an AI competition.
Full Fact was named among the 20 winners of Google's AI Impact Challenge and will now receive consultation help and mentoring from the technology giant.
The company is working on a project that develops tools which use artificial intelligence to carry out fact-checking at scale and cut down on misinformation.
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British Fact-Checking Charity Secures AI Grant from Google
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If bankers can count, how come they have eight windows and only four tellers?
(Score: 0) by Anonymous Coward on Sunday May 12 2019, @09:31AM (2 children)
It's a UK charity,
Which normally means that it's a gravy train, lots of otherwise-useless fuckwits with the right 'old school ties' and political connections playing at being executives getting very large salaries, charitable status means they're entitled to claim back VAT on purchases, government throws taxpayers money at you, spook squad likes to hide 'black' projects masquerading as them.....oh, shit, did I just type that?
Disclaimer: used to work as a low-level minion in a UK organisation with charitable status..
(Score: 2) by Bot on Sunday May 12 2019, @12:36PM (1 child)
Same here. Associations and foundations manage stuff. They must not turn up a profit, but it's a gray area, because people work there and work implies wage https://www.unicef.it/doc/3050/rapporti-di-lavoro-e-retribuzioni.htm/ [unicef.it]. Sports teams also have peculiar status.
Account abandoned.
(Score: 0) by Anonymous Coward on Sunday May 12 2019, @02:25PM
The one I worked for, the CEO was on his way out, and knew it.
Let's just say the nature and number of purchases that were authorised in the CEO's name in the twilight months of his regime raised accountants eyebrows at one of the primary funding bodies...and you do not want accountants to raise their eyebrows at you, especially externals, especially if previous accusations have been made, especially if you've a rather colourful [wikipedia.org] past. There's a party-political aspect to this as well, I'm assuming that this particular mud will be slung when it's politically expedient to do so (next round of local/national elections)..
The tabloids would also have a field day with the stories about the bed-hopping harpy who has managed to secure various positions within the organisation over the years by, umm, adopting various positions with a number of people in positions of financial influence and control..a rough guesstimate would be that she has cost UK taxpayers and the EU at least £600,000 in salaries over the years, and feck knows how many millions have been wasted on 'vanity' projects just to keep her 'sweet', as it were..
I won't even mention the nepotism, well, I won't get into the minutia of the nepotism, there was/is a lot of it going on..
Of course, they now have a new CEO...he's straight from a Quango [wikipedia.org] which employed very few people (less than 10), but had an interestingly large payroll for such a small number of employees (well north of 3 million pounds..) with one lucky participant there picking up the grand prize of £500,000 p.a.
Meet the new boss &etc.
(I'm well away from this shower...)