AI is ‘no longer conceptual’ but UK still playing catch up as multi-billion pound pledges made at London Tech Week — TFN

- The UK government and private sector announced multi-billion pound investments at London Tech Week.
- Lumai unveiled an optical computing system capable of running billion-parameter Large Language Models (LLMs) in real time, a significant advancement in AI technology.
- This development indicates that AI is becoming increasingly tangible and powerful, with potential applications across various industries.
- The investments and innovations showcased at London Tech Week aim to help the UK catch up in the global AI race, with further developments and implementations expected in the coming years.
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