UK to launch £500m Sovereign AI Fund backing homegrown champions
Technology Secretary Liz Kendall unveils £500m state-backed VC unit combining capital, supercomputer access and procurement routes for UK AI firms.
5 articles tagged industrial strategy
Technology Secretary Liz Kendall unveils £500m state-backed VC unit combining capital, supercomputer access and procurement routes for UK AI firms.
The Telegraph's editorial board argues the OpenAI investment pause exposes fundamental flaws in Britain's energy costs, planning system, and industrial strategy.
New government guidance will recognise AI alongside shipbuilding, steel, and energy infrastructure as critical for national security, with departments directed to prioritise British suppliers in these sectors.
UKRI announces 50-100% funding increases for priority sectors including £1.6bn for AI, with chief rating current growth contribution just 'three out of ten'.