💻 Technology 12h ago · John Reynolds

British startups to “scale here” and “stay here”, as UK PM unveils £400M chip plan

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British startups to “scale here” and “stay here”, as UK PM unveils £400M chip plan
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The UK prime minister today reiterated the government’s intention of encouraging British startups to ”scale here” and “stay here”, as he announced plans to develop Britain’s sovereign compute offering, including a £400m chip plan.
Speaking at London Tech Week, Keir Starmer said that Britain was “uniquely placed to lead” the AI revolution.
His comments come as US semiconductor firm AMD announced a £2bn investment in the UK over the next five years and Dutch neocloud firm Nebius said it was commit

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