UK sets 1.5 billion dollar plan for AI hardware and chips
The British government has announced a 1.1 billion pound strategy to bolster domestic AI computing capacity and sovereign chip production. The plan includes a new national supercomputer scheduled for 2030 and a 150 million pound investment fund for UK hardware firms.
The United Kingdom launched a £1.1 billion ($1.47 billion) plan on Monday to expand domestic AI computing and chip production. This strategy follows a £400 million commitment for specialist AI chip purchases announced by Prime Minister Keir Starmer on Monday morning. The investment establishes a sovereign computing capability to reduce reliance on foreign hardware and secure domestic supply chains.
