UK sets out AI infrastructure push at London Tech Week – how does it stack up?
Summary
The UK government announced a £1.1 billion investment in AI hardware during London Tech Week to build its AI infrastructure. It also introduced plans to improve AI skills and encourage businesses to use AI technology more widely.Key Facts
- The UK plans to invest £1.1 billion in AI hardware like semiconductor chips and data centers.
- Most advanced AI chips today are made by Taiwan Semiconductor Manufacturing Corporation (TSMC).
- UK chip designer Arm Holdings is expected to benefit from a new “strategic industry partnership.”
- £400 million will be spent on UK chip makers through procurement opportunities, some of which were previously announced.
- The government will invest £20 million to study how AI is changing entry-level jobs and support employee up-skilling.
- A “bridge AI” scheme will help UK companies buy AI products developed domestically.
- The UK will expand its “tech town” program to spread AI adoption in cities like Barnsley.
- Sector-specific plans will support AI use in advanced manufacturing and creative industries.
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