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The story behind the story

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The UK plans to boost spending on computing power to develop AI by £500M over two years, bringing its total planned investment to more than £1.5B

Government to boost spending on computing power by £500mn to develop artificial intelligence

Financial Times Clive Cookson

Discussion

  • @scitechgovuk @scitechgovuk on x
    Yesterday's Autumn Statement saw @HMT announce investment in areas including: 💻 Compute 🔬 UK R&D 🧪 Life Sciences 📝 Regulatory sandboxes Read on to discover how this vital funding will help the UK fulfil its goal of becoming a science and tech superpower 👇 1/13 [image]
  • @scitechgovuk @scitechgovuk on x
    £500m has been invested into compute, which is essential for scientific research and driving new discoveries🔍 This funding will help power the AI tools of the future, acting as a catalyst for growth and innovation unlocking compute's potential for the UK. 2/13 [image]
  • @jamestitcomb James Titcomb on x
    Can't wait to scroll through TikTok on the Future Quantum Internet https://www.gov.uk/... [image]
  • @matthfield Matt Field on x
    In true quantum fashion, the government paper on its five quantum missions is failing to load and delivering a 404 error - making this story both correct and incorrect at the same time https://www.gov.uk/...
  • @diegorodmej Diego Rodriguez Mejias on x
    📢 The UK Government has launched today 5 new long-term quantum missions that set where we want to get to as a country to accelerate tech development. From quantum computers to deploying sensors in our National Health Service, you can read them here 👇 https://www.gov.uk/...
  • @hmtreasury @hmtreasury on x
    The UK's AI industry is thriving, employing over 50k people & contributing £3.7bn to the economy last year. To boost the industry for the future, we're committing a further £500m - helping to fund the next generation of supercomputers & AI innovation. [image]
  • @michelledonelan Michelle Donelan MP on x
    The success of the #AISafetySummit cemented the UK's leadership in AI. This £500m investment in AI supercomputing will help medical and environmental breakthroughs, as well as increasing our skilled workforce and unlocking economic growth.