4 articles tagged Sovereign AI Fund
UK government's Sovereign AI Fund has invested in Isomorphic Labs as part of a $2.1bn (£1.6bn) round led by Thrive Capital, bringing the fund's equity tally to three start-ups.
David Silver's UCL spinout Ineffable Intelligence has closed a £830m ($1.1bn) seed at a £3.8bn ($5.1bn) valuation, with Sovereign AI and the British Business Bank co-investing.
Rachel Reeves announces £2.5 billion for AI and quantum technologies, including a £500m Sovereign AI Fund and £2bn quantum upgrade, targeting fastest G7 AI adoption.
