Image: SiftedUK announces new £1.1bn bet on AI infrastructure
• The UK government has announced a new £1.1 billion "AI Hardware Plan" designed to support British companies developing semiconductors and AI chips. • To implement this strategy, the Department for Science, Innovation and Technology (DSIT) is launching a new fund led by Silicon Valley investors Playground Global. • The initiative aims to strengthen the UK's domestic AI infrastructure and is backed by high-profile partners, including former Intel CEO Pat Gelsinger.
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