tech

Liz Kendall urges UK public to embrace AI as government makes first £500m fund investment

Technology secretary plays down fears over jobs and cyber security as stake taken in British startup

Liz Kendall urges UK public to embrace AI as government makes first £500m fund investment

TL;DR

  • UK Technology Secretary Liz Kendall urges embracing AI for Britain's benefit, despite job and cybersecurity fears.
  • Government announces first investment from a £500 million sovereign AI fund, taking a stake in AI chip company Callosum.
  • Six UK companies will receive access to government-funded supercomputers to develop AI models.
  • Startups like Prima Mente, Cursive, and Odyssey are set to benefit from this AI initiative.
  • The goal is to support national AI champions and ensure the UK remains competitive in the AI sector.