The £42 million Alan Turing Institute for Data Science, announced in the 2014 budget, will be given a home at the British Library, the chancellor of the exchequer has said.
The institute will research ways of collecting, organising and analysing data. It will be at the centre of what has been branded the Knowledge Quarter, a partnership of 35 academic, cultural, research, scientific and media organisations based in the King’s Cross, Euston and Bloomsbury areas of London.
“The institute will bring benefits to the whole country through partnerships with universities and businesses across Britain, including in our great northern cities, to better understand and exploit the amazing opportunities presented by big data,” the chancellor told the Knowledge Quarter launch on 4 December.